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COMMERCIAL

Investment Opportunity. Commercial Road, Newport

£250,000
Red Dragon Estates, Newport
PROPERTY TYPE

Commercial Property

BEDROOMS

3

BATHROOMS

1

SIZE

Ask agent

Key features

  • Exceptional Freehold Investment Opportunity. A3 License Unit, Rear Yard & seperate large 3-4 bedroom maisonette
  • Central Busy Location In an improving area of Newport. High foot fall & great rental demand
  • Fully Refurbished Throughout With Large Spacious Accommodation
  • Fully Occupied flat and shop with An income of £1950 per month, with further scope to increase revenue streams
  • Off Road Parking, Rear Access & Storage Area Full Of Potential.
  • Combi Gas Central Heating, UPVC Double Glazing & High Quality Decor Throughout
  • No Chain

Description

An Exceptional Investment Opportunity set in a central location in the city of Newport on a thriving, vibrant street with high foot flow and rental demand, is this mixed use building made up of a large 3 bedroom, 2 storey maisonette with separate rear access and an A3 licensed unit operating as an Indian takeaway, all recently fully refurbished throughout. Currently fully occupied/let for £1950pcm and excellent opportunities to further increase revenue. The property further boasts a large yard to the rear with parking options, secure gated access and ample storage possibilities.
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.
Please note, the Vendors will only consider offers from Cash purchasers!
Section 21: Declaration of interest Section 21 of the Estate Agency Act 1979 applies in this case as the seller is associated with Red Dragon Estates Ltd.

Brochures

Full Details

Investment Opportunity. Commercial Road, Newport

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newport (S. Wales) Station0.7 miles
  • Pye Corner Station2.2 miles
  • Rogerstone Station3.5 miles

About Red Dragon Estates, Newport

70 Bridge Street Newport NP20 4AQ
Industry affiliations:Industry affiliation logo 0

Red Dragon Estates is an Independent Estate & Letting Agency and was set up in order to break away from the usual money orientated image that estate agents have portrayed for far too long. With a firm emphasis on quality of service, Red Dragon Estates have strived to ensure that their Clients come first! We don?t believe everything new is good, so we embrace the latest technology and invest heavily to ensure maximum results, but we also hang on to the traditional, old-fashioned values that our clients struggle to find elsewhere. We are proud to be the agent that has always been known to get the best possible price in the shortest possible time. We don?t do business, we do relationships, and this is what sets our service standards higher. Whether selling or letting, buying or renting, you can be assured that the team at Red Dragon Estates will do everything they can to ensure a smooth transaction.

Notes

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Disclaimer - Property reference 12006053. 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 Red Dragon Estates, Newport. 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.

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