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£850,000

High Street, Newport, PO30

  • 0 beds
Other

£850,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£3,880 per month

Minimum deposit amount:

£42,500
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Freehold site with planning to create a mixed use commercial and residential development in a High Street location...

OR REDEVELOP THE WHOLE SUBJECT ALL PERMISSIONS

Planning to redevelop an existing terrace of retail building positioned on the High Street and construct an additional residential block facing Mill Street.

Commercial:
Planning to create one large retail space on the ground floor to accommodate a larger retailer and take advange of the High Street corner location.

Residential:
Planning to convert the first and second floors of the existing building to create five flats ( 4 two bedroom units and 1 x one bedroom unit).

Planning to demolish existing outbuildings and erect a detached residential block of four units (4x two bedroom maisomettes on the first and second floors and 2 x ( one bedroom ground floor flats ) and associated parking.

PLEASE CONTACT TONY NEWMAN 01202 660312 TO DISCUSS THE PRICES
..
( 1. ) THE LOCK UP CORNER SHOP. FREEHOLD OR LEASEHOLD

( 2,) THE CONVERSION FOR FLATS ON THE FIRST AND SECOND FLOORS.

( 3 ) THE SITE FOR BRAND NEW BOCK OF FOUR FLATS FACING MILL STREET

THE OWNER WOULD SALE THE WHOLE DEVELPOMENT
OR DIVIDE WE HAVE A TENANT FOR THE SHOP

NOTE NOW SCOPE TO DEVELOP THE WHOLE SITE

THE PROPERTY MISDESCRIPTIONS ACT 1991
These details are for guidance only and complete accuracy cannot be guaranteed. If there is any point which is of importance to you, verification should be obtained. They do not constitute a contract or part of a contract. All measurements are approximate. No guarantee can be given with regard to planning permissions or fitness for purpose. No apparatus, equipment, fixture or fitting has been tested. Items shown in photographs are NOT necessarily included. Interested Parties are advised to check availability and make an appointment to view before travelling to see a property.

MONEY LAUNDERING REGULATIONS 2003
Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Tony Newman Property Services Limited is a member of The Property Ombudsman. You can contact them on 01722 333 306 or visit them online at www.tpos.co.uk.

Consumer Protection from Unfair Trading Regulations 2008.
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

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£3,880 per month
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Stamp Duty tax
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£30,000
Mortgage and legal costs:
£999
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