Buyer ends up with prime commercial property after taking a walk on the wild side at auction

A commercial property in the centre of Newport with an unusual sitting tenant could help its new owner take a walk on the wild side.

The ground floor of the end terrace building on East Street, in Baneswell, which is occupied by well-established niche business Wildside Reptiles, sold for £62,000 at Paul Fosh Auctions.

The business, established for 35 years, deals in captive bred reptiles and snakes.

The two-storey property, which provides a total of 851 sq ft of space including retail, office and ancillary accommodation, was offered with a guide price of £49,000-plus and created keen interest at the May auction.

One of three former bank buildings offered at the sale, at 14 Market Street, Ebbw Vale, was listed with a guide price of £75,000-plus and sold for £86,000.

The mid-terrace, three-storey former Natwest Bank building offers a total of some 3,580 sq ft comprising a banking hall, ancillary, residential and storage space.

The Paul Fosh Auctions sale sold a total of 45 properties from 67 lots offered realising a total of £3, 271,249. The leading Wales property auction house has sold a total of £27,860,437 in the last 12 months

The next sale is on Thursday, June 14, at The Park Inn Hotel, Cardiff, starting at 5pm.