Bridge Street, Newport, South Wales, NP20

LOCATION

The property is located in Newport, which itself is situated approximately 15 miles to the east of Cardiff and approximately 30 miles to the west of Bristol. Bridge Street is situated off the A4042 arterial route which is a major route through Newport. The M4 is within close proximity at Junction 28.

DESCRIPTION

Ground floor retail/office premises.
Three newly refurbished one bedroom flats.
Prominent location on Bridge Street.
Within walking distance of Newport train station and Friars Walk.

ACCOMMODATION

The property has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) the property comprises the following (approx.) areas:-

Description sq m sq ft
Ground Floor
Office/Sales Area 39.2 422
Kitchenette/WC - -

First Floor Flat
Second Floor Flat
Basement Flat


TENURE

The property is available by way of a new full repairing and insuring lease on terms to be agreed.

SALE PRICE

£395,000. (Three hundred and ninety five thousand pounds).

BUSINESS RATES/COUNCIL TAX

The Valuation Office Agency is currently reassessing the property for business rates.

Interested parties are advised to make their own enquiries with Newport City Council to ascertain the exact rates payable.

The property is assessed for council tax as follows:

Address: Flat 1, First Floor, 27 Bridge Street, Newport, NP20 4BG
Council Tax Band: B

Address: Flat 2, Second Floor, 27 Bridge Street, Newport, NP20 4BG
Council Tax Band: B

Address: Flat 1, First Floor, 24 East Street, Newport, NP20 4BR
Council Tax Band: A
Interested parties are advised to make their own enquiries with Newport City Council to ascertain the exact council tax rates payable.
COSTS

Each party to bear their own legal costs incurred in the transaction.

VAT

All prices are quoted exclusive of VAT whether or not chargeable. We do not believe VAT is chargeable on the sale price but this will be confirmed.

PLANNING

We have not made any enquiries with Newport City Council with regards to the current planning consent, however, we have assumed that the property has planning for A1 (Retail) and A2 (Financial and Professional Services) under the Town & Country Planning (Use Classes) Order 1987. Interested parties are advised to make their own enquiries to ensure their proposed use would be permitted.

ENERGY PERFORMANCE CERTIFICATE (EPC)

Ground Floor: C (64).
Flat 1: E (47)
Flat 2: D (60)
Basement Flat: E (53)
A copy of the EPC certificates is available from the agents.

VIEWING & FURTHER INFORMATION

Through sole agents Bladen Commercial Property Consultants:-

Julian Bladen MRICS SUBJECT TO CONTRACT
March 2025