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Commercial property for sale

Cromwell Road, Newport

£315,000

Property Description

Key features

  • Lounge 18'2" x 16'4"
  • Dining Room 9'8" x 16'4"
  • Kitchen 11'10" x 7'11"
  • Cloakroom
  • Ground Floor Family Bathroom
  • Bedroom One 8'2 x 15'5"
  • Bedroom Two 8'2 x 5'5"
  • Bedroom Three 11'3" x 10'4"
  • Bedroom Four 11'10" x 12'11"
  • Bedroom Five 11'10" x 12'5"

Full description

A five bedroom, double fronted commercial property offered as Freehold or Leasehold. Comprising of two mid-terrace buildings, trading as a newsagents' store with additional ground and first floor residential accommodation. The trading area consists of over 750 sq feet of space with two additional storerooms. The shop front faces to a busy road in a popular parade. The residential space comprises a lounge, separate dining room, fully fitted kitchen and additional utility room, ground floor bathroom, additional first floor WC and FIVE bedrooms, four of which are doubles. The total area of the premises as a whole is in excess of 2200 square feet. The vendor informs us that there is a newly installed lottery machine with scratch card and play station stand. Very highly recommended. Call eMoov.co.uk on 0845 260 4950 to view.


LEASEHOLD Inc. Fixtures & Fittings; £70,000 ono + Stock at Valuation

RENT £375.00 per week (Residential & Commercial Combined)

BUSINESS RATES £467.80 per annum

LEASE 16 Years (Renewable With Option To Buy)

RENT REVIEW 3 Years

TIMING 6:15am - 8:30pm (Mon to Sat) 7:00am - 1pm (Sunday)

TURNOVER £8.5k to £9000.00 per week

GROSS TURNOVER up to £425,000 per annum

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Profitable and long-standing business along a local shopping parade, nearby major bus routes and parks.

To Front: Roller Security Shutter Doors and Windows.

Shop Internal: over 700sq ft, 8 Security Cameras, sensor alarms throughout building, epos touch screen system, credit card terminal, 4x drink fridges, dairy fridge, 2x freezer,

Storage Room 1: internal room measuring 15'2 x 14'1.

To Rear: Two Electric Security Shutters, Double Garage, Yard, Storage room 2 with freezer unit and Rear Access.

STPP; Potential to convert ground floor rear and first floor into a separate four bed Maisonette.

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CONTACT EMOOV ON 0845 260 4950 TO ARRANGE YOUR VIEWING


Energy Performance Certificates (EPCs)

Nearest stations

  • Newport (S. Wales) (1.4 mi)
  • Rogerstone (4.3 mi)
Distances are straight line measurements

To view this property or request more details, contact:

eMoov.co.uk, National

Essex

03331 214950 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

eMoov.co.uk, National

Essex

03331 214950 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer

Property reference 2262279. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by eMoov.co.uk, National. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.