Retail premises for sale in Risca Road, Newport NP20
£90,000 (£124.14/sq. ft)
Interested in this property?
Call +44 1633 371863 *
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The City of Newport is located in a prime strategic location close to the border of England and Wales. It benefits from excellent access to the M4 motorway and wider motorway network and provides regular train services to London Paddington. The City has an immediate population of approximately 137,000.
The property is located just outside Newport City Centre in a high-profile location on Risca Road, an arterial route into the city. Newport train station is within walking distance. The accommodation provides good transport links with access to the M4 motorway within a short distance.
Surrounding occupiers are a mixture of office, retail and leisure uses with occupiers including Education Recruitment, Handpost Tandoori, Kingston Newell Estate Agents, The Tanning Studio, The Slow Boat Chinese Takeaway and many more.
The property provides a single storey building formerly used as a betting office. The property benefits from a large glazed frontage, open plan retail unit / office, kitchen and two WC’s.
The accommodation benefits from wood laminate and tiled floors, ceiling mounted cat II lighting to the showroom, electric radiators and a comfort cooling unit.
Externally, to the front of the property is on-street parking.
We understand that the property benefits from planning consent for A2 use. However, we recommend that interested parties make their own enquiries to the local authority.
Newport City Council:
Tel: Rating assessment
rateable value: £8,000
rates payable (2021/22): £4,280
Those businesses qualifying for small business rate relief will benefit from a 66% discount on the above rates payable.
Due to the current Covid-19 pandemic, retail properties do not have to pay business rates during the 2021-22 financial year.
An energy performance certificate will be available shortly.
The freehold interest in the property is available for sale. We are seeking offers in excess of £90,000, exclusive.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by M4 Property Consultants, and do not constitute property particulars. Please contact M4 Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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