Property photos
£155,000
(£79.98/sq. ft)
Retail premises for sale
Chepstow Road, Newport NP191,938 sq. ft
Local area information
Property location
Nearby amenities
- St Joseph's R.C. Primary School 0.2 miles
- Fairoak Nursery School 0.3 miles
- Newport (South Wales) 0.8 miles
- Newport (S Wales) Ferry Terminal 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Location
The property is situated on Chepstow Road, an established commercial and residential close to Newport city centre.
Description
The subject property comprises a 2-storey mid-terraced building of traditional brick construction under a pitched roof.
Internally, the ground floor retail unit is let to Mirrors Hair & Beauty, together with a 1-bed self-contained flat to the first floor. There is a garden to the rear.
Accommodation
The property comprises the following approximate Net and Gross Internal Floor Areas:
Description sq. M sq. Ft
Retail Unit – gf
122.13
1,315
Flat (ff) – 1-bed
57.92
623
total 180.05 1,938
Tenure
Freehold, subject to the lease to the ground floor, expiry 14th February 2026 at a rental of £7,200 per annum. The flat is vacant but was recently let at £550 pcm (£6,600 per annum), giving a total income of £13,800 per annum.
A copy of the lease is available.
Price
Offers in the region of £155,000 are invited for the freehold interest, representing a gross yield of 8.9%.
The property is situated on Chepstow Road, an established commercial and residential close to Newport city centre.
Description
The subject property comprises a 2-storey mid-terraced building of traditional brick construction under a pitched roof.
Internally, the ground floor retail unit is let to Mirrors Hair & Beauty, together with a 1-bed self-contained flat to the first floor. There is a garden to the rear.
Accommodation
The property comprises the following approximate Net and Gross Internal Floor Areas:
Description sq. M sq. Ft
Retail Unit – gf
122.13
1,315
Flat (ff) – 1-bed
57.92
623
total 180.05 1,938
Tenure
Freehold, subject to the lease to the ground floor, expiry 14th February 2026 at a rental of £7,200 per annum. The flat is vacant but was recently let at £550 pcm (£6,600 per annum), giving a total income of £13,800 per annum.
A copy of the lease is available.
Price
Offers in the region of £155,000 are invited for the freehold interest, representing a gross yield of 8.9%.
More information
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