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For Sale - Apartment
Upper Bar, Newport

Offers In Region Of £125,000

Bed icon  2    Bath icon  1    

Investment opportunity Rare opportunity to purchase a Shop fronting the Upper Bar segment of Newport High Street with a two Bedroom Flat to the first floor which is currently tenanted .

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Newport Branch
01952 820239

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Newport Branch
30 High Street, Newport, Shropshire, TF10 7AQ
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Opening Hours
Monday to Friday: 8.45am to 5.30pm
Saturday: 9.00am to 4.00pm

Property Summary

  • Shop with 2-Bedroom Flat to First Floor
  • Shop has direct frontage to Upper Bar
  • Shop has Store Room & W.C., to rear
  • Flat with own side Access
  • Two Bedrooms, Bathroom
  • Utility, Lounge and Kitchen
  • In need of some renovation
  • Flat is currently tenanted
  • EPC Rating Flat - E
  • EPC Rating - Shop - D

Property Full Details

BRIEF DESCRIPTION A great opportunity to purchase a Shop with wide road frontage here in the heart of Newport - with a two Bedroom flat above. Both the Shop and the Flat are in need of some renovation, but offer a great investment opportunity.

The Shop has the main area fronting the road, a storage area and w/c., to the rear. The Flat has a separate entrance to the side of the property, with a ground floor Utility/Store and two Bedrooms, Bathroom, Kitchen and Lounge to the first floor.

When modernised, the flat has a rental potential of £450-475 per calendar month, and the shop the potential to generate £6,000 rental income per annum and the rateable value of the shop as of 2017 was £5,800. These figures are a guideline only.

LOCATION In a great location in the heart of Newport - at the top end of Newport's busy High Street, with its mix of shops, boutiques, cafes, pubs and a Victorian indoor market - and is within the catchment area of Newport's highly regarded Primary, High and Grammar Schools.

A wider selection of shops, amenities and employment opportunities are available in Telford, Stafford and Shrewsbury - and the excellent rail connections from Telford and Stafford mean Birmingham and Manchester are in commutable distance.


FIRST FLOOR FLAT The flat above the shop at No 60 is accessed by a solid wood door from the street with a security code entrance which leads to a pathway with outside storage area and a door to the:

UTILITY/STORE 11' 0" x 9' 9" (3.35m x 2.97m) With electric light and power, plumbing for automatic washing machine, tiled floor, fuse box and then a door opens through to the:

INNER LOBBY From here, stairs rise up to the Landing of the first floor Flat with doors through to:

KITCHEN 11' 8" x 10' 10" (3.56m x 3.3m) With a range of wall cupboards, base cupboards and drawers with work surface over, space for cooker, single drainage sink unit, vinyl flooring and door to a larder storage cupboard with shelving and a further door through to:

BEDROOM TWO 11' 0" x 11' 0" (3.35m x 3.35m) With radiator

LOUNGE 12' 0" x 11' 9" (3.66m x 3.58m) With electric radiator and double glazed window

BEDROOM ONE 15' 5" x 11' 10" (4.7m x 3.61m) With electric radiator, double glazed windows

BATHROOM With panel bath, wash hand basin, low level w/c., loft access and electric wall mounted heater

MAIN SHOP AREA 22' 8" x 10' 0" (6.91m x 3.05m) The shop has road-side frontage and double doors into the main shop area, with light, power, wall mounted heater, electric fuse board and door through to:

SHOP AT 60 UPPER BAR

REAR STORE 12' 0" x 10' 9" (3.66m x 3.28m) With a glazed panelled door to the side access, telephone point, and sliding door to the:

GROUND FLOOR WC With low level w/c., hand wash basin, cupboards, further under stairs storage and larder storage.

TO VIEW THIS PROPERTY To view this property, please contact our Newport Office, 30 High Street, Newport, TF10 7AQ or call us on 01952 820239. Email: Newport@barbers-online.co.uk

DIRECTIONS The property is just a 3-minute walk from our office Newport office - head south on the High Street, straight over the junction and the property is on your left just after the pub.

SERVICES We are advised that electricity and mains water/drainage are available. Barbers have not tested any apparatus, equipment, fittings etc or services to this property, so cannot confirm that they are in working order or fit for purpose. A buyer is recommended to obtain confirmation from their Surveyor or Solicitor.

LOCAL AUTHORITY Telford & Wrekin Council Southwater Square, St Quentin Gate, Telford, Telford and Wrekin TF3 4EJ

EPC RATING - FLAT E AND SHOP D The full energy performance certificate (EPC) is available for this property upon request.

PROPERTY INFORMATION We believe this information to be accurate, but it cannot be guaranteed. The fixtures, fittings, appliances and mains services have not been tested. If there is any point which is of particular importance please obtain professional confirmation. All measurements quoted are approximate. These particulars do not constitute a contract or part of a contract.

AML REGULATIONS To ensure compliance with the latest Anti Money Laundering Regulations all intending purchasers must produce identification documents prior to the issue of sale confirmation. To avoid delays in the buying process please provide the required documents as soon as possible. We may use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request.

TENURE We are advised that the property is Freehold and this will be confirmed by the Vendors Solicitor during the Pre- Contract Enquiries. Vacant possession upon completion.

METHOD OF SALE For Sale by Private Treaty.

NE28040

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