Commercial property for sale in Commercial Street, Newport NP20
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Property features
- 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********
Property description
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.
Property info
For more information about this property, please contact
Red Dragon Estates Ltd, NP20 on +44 1633 371908 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Red Dragon Estates Ltd, and do not constitute property particulars. Please contact Red Dragon Estates Ltd 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.