Investment Property Auction Gwent NP20 £175,000
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Auction date: Tue, 25/10/2022 - 08:00
Attractive three storey property in the centre of town which is currently partially occupied. We are informed that the ground floor office is currently let to 'Reality Theatre' for £12,000pa until April 2025 but please consult the legal pack for verification of any and all tenancies.
The upper floors are currently vacant offices with their own entrance but have had previous planning approved for conversion into two apartments but this consent has now lapsed. The building itself appears to be in generally satisfactory condition though in need of some improvement and of internal refurbishment throughout the upper floors, though appears to be maintained well by the existing tenant on the ground floor. The building is of brick/stone construction with brick front elevations and an aluminium shop front to the ground floor.
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