UNDER OFFER, Guide Price £215,000

366, Chepstow Road, Newport, NP19 8JH

Bedrooms 4 Bathrooms 2 Reception 1

  • FREEHOLD
  • MIXED USE INVESTMENT
  • RETAIL UNIT
  • 4 BED FLAT
  • SCOPE FOR £15K + PA

THE PROPERTY

ADDRESS | 366 Chepstow Road, Newport, NP19 8JH

A Freehold mixed use investment property occupying a prominent trading position on Chepstow Road with accommodation ( 1887 Sq Ft ) arranged over 2 floors comprising a ground floor retail unit and self contained 4 bedroom maisonette on the rear ground and entire first floor
Sold subject to existing tenancies - business not affected
Tenure - Freehold
Council Tax - B
EPC - TBC
Utilities, Rights & Restrictions - Please refer to the Legal Pack
Flood Risk - Please refer to the Legal Pack

THE OPPORTUNITY

MIXED USE INVESTMENT | £15k + pa

The retail unit is currently vacant but we understand a new lease has been agreed at £10k pa - further details to follow
The 4 bedrooms flat is let on as AST contract to single group @ £650 pcm

Sold subject to existing tenancies - business not affected

LOCATION

A popular residential location with easy access to Newport City Centre and excellent road networks to Cardiff & Bristol being just 2 miles from Junction 24 of the M4 at the Coldra and 2 miles from the city centre. Interested parties should note the removal of both Severn Bridge Tolls has made Newport and the surrounding areas extremely popular.

PROPERTY DETAILS DISCLAIMER

Hollis Morgan endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hollis Morgan references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.


Local Information

Schools Stations Healthcare
Floorplan for MIXED USE INVESTMENT | NEWPORT