Commercial development for sale

This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £110,000 plus Reservation Fee.

The auction for this property is due to close on 18/10/24 at 12:00

Number One Agent, Harrison Cole is delighted to offer this unique development opportunity for sale in Newport.

This unique piece of Newport history is available to purchase, with incredible potential to be renovated or adapted for modern living. The original layout of the building is as follows; The main entrance on Victoria Avenue leads into a spacious entrance hall with a central Pay Box, where tickets used to be issued for admission, both for swimmers and spectators. There is a short, wide staircase to the dressing halls on the lower ground floor, whilst spectators would proceed to the main staircase to the Upper Hall on the first floor.

The upper hall gave access to Café and balcony and thence to the Gala Stands. Adjoining the hall, the Slipper Baths Suite is placed in a comfortable Club room for the use of Swimming Clubs provided. A feature of the design is that spectators approaching their seats obtain a clear and uninterrupted view of all pool activities without the necessity of walking along the poolside.

The main pool was 100 feet long by 42 feet wide, having a maximum depth of 10 feet. The bath floor gradually rises from this point to a depth of 4 feet at the shallow end and 8 feet at the deep end. The diving stage had diving boards at heights of five metres, three, and one metre above water level. Comfortable seating accommodated for 428 spectators was provided on the Gala Stands, whilst an additional 300 people were accommodated with chair seating around the balcony and a further 300 standing.

Separate Dressing Halls were planned on the lower ground floor under the Gala Stands, with short staircases leading directly to the poolside.

Across the Albert Avenue end of the site is a smaller pool which was 60 feet long by 25 feet wide, having a maximum depth of four feet.

The construction of the building included the use of fire-resisting, reinforced concrete. All the windows were of steel and were operated by hand and electric opening gear. A special coloured cement was used for both the external and internal walls and ceiling finishes of the whole building.

The doors of Maindee Baths were firmly closed on December 23, 2005, and the pool, which gave so much fun for thousands of swimmers has now been drained.

Agents note: This property is being sold via the Modern Method of Auction and therefore there is unknown knowledge of the property, we would inform interested parties to rely on their own inspections, searches and surveys.

All services and mains water are connected to the property.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria,affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation

Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.