Commercial property for sale in Commercial Street, Newport NP20, £199,950

199,950.00

Offer Nr.:
63694917
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Red Dragon Estates Ltd
Phone(s):
01633 371908

* Freehold
* Exceptional Investment Opportunity. Ground Floor Shop Space. 2 x 1Bed Flats & A Large Garage
* Central Busy Location In An Up & Coming Area Of Newport, High Foot Flow & Rental Demand.
* Fully Occupied/Let With Long Standing Tenants. High Yield (9%) With The Potential To Increase
* Good Condition Throughout. Gas Combi central Heating. UPVC Double Glazing
* *******must view********
An Exceptional Investment Opportunity set in a central location in the city of
Newport on a thriving, vibrant high street with high foot flow and rental
demand is this mixed use building made up of a ground floor shop space, a very
large garage & 2 x 1 Bed Flats on the first and second floors all with there
own access. Currently fully occupied/let with a strong yield (9%) and
excellent opportunities to further increase revenue the property further
boasts potential via possible upgrades to decor and further space
maximisation.
A short walk from the city centre and its main train station plus great road
links via the sdr & M4 motorway and the fact it's set in an area with vast
future plans and council planned improvements further makes this an excellent
choice for investors looking for initial returns but also longer term capital
growth. A must view the agents strongly advise viewing in order to fully
appreciate all that this property has to offer.

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