3 bed retail premises for sale

Corporation Road, Newport NP19

*Excellent investment opportunity *Requiring some modernisation in areas *Shop front with additional store rooms *Large maisonette above *Prominent location near to City Centre *Rear entrance with courtyard

Corporation Road, Newport, Np19 0Ar

Introduction

A rare and exciting opportunity to purchase 16 Corporation Road, a building consisting of ground floor retail/shop space and a spacious maisonette above, occupying this prominent position near to Clarence Place, minutes from Newport City Centre.

Number 16 presents a fantastic opportunity for those looking for start or expand their commercial business and reside in the large maisonette above, or permanently split both areas to further increase investment (subject to planning and permissions).

To the ground floor, the shop is accessible via the main entrance which leads in to the customer-facing area which is of good size and features a secure roller shutter to the front. There are two additional rooms towards the rear of the building, a WC and access out to a courtyard with rear access.

The maisonette can either by accessed from the rear of the shop or by using a separate entrance door to the front. The living accommodation is versatile and currently houses three large bedrooms, two reception areas and two kitchens however there could be potential to split it into two spacious flats, subject to relevant planning and permissions.

We are advised that there are respective electric meters however both the shop and maisonette share gas and water supplies.

Business Rates

Business Rates :- We are advised the building has a rateable value of £4,500 and benefits from a small business rates relief

Tenure

Advised freehold

Viewing

By prior appointment with vendors agents James Douglas. Tel:

These particulars do not constitute an offer or contract of sale. Whilst every care is taken in the preparation of these particulars, their accuracy cannot be guaranteed and prospective purchasers should satisfy by inspection or otherwise as to the correctness of any statements or information contained therein.

Boundaries

All boundaries should be confirmed by your solicitor