195/195a Cardiff Road, Newport, Gwent NP20 3BP
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- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- FOR SALE BY AUCTION ON THURSDAY 4TH JUNE 2026 (UNLESS SOLD PRIOR).
- Freehold Ground Rent Investment with Valuable Reversion in 2027
- Ground Floor Shop & Self-Contained Flat
Description
Located close to the junction with Bideford Road amongst a host of independent traders.
Newport is a major commercial and administrative centre in South Wales and is located some 20 miles east of Cardiff, enjoying easy access via the M4 (Junction 28).
PROPERTY
A mid terrace property comprising a Ground Floor Shop and separate rear access to a Self-Contained Flat on the first floor.
ACCOMMODATION¹
Ground Floor Shop
Gross Frontage 14'2"
Built Depth 73'0"
WC
First Floor Flat
Believed to be 1 Bedroom, Living Room, Kitchen, Bathroom/WC
Area of Flat Approx. 603 sq ft
¹Not inspected by Barnett Ross. Measurements taken from Find Maps. Areas taken from EPC.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCY
The entire property is let on a full repairing and insuring lease to A F Blakemore & Son Ltd t/a SPAR (having approx. 900 branches worldwide) for a term of 99 years from 25th December 1928 at a ground rent of £3.38 per annum.
Valuable Reversion in 2027
Note 1: The property interconnects with No. 197 which is let to the same tenant.
Note 2: The adjoining property (No. 197 Cardiff Road) is also being offered for sale in this Auction - see Lot 9.
Note 3: Nos. 187, 189, 191, 193 & 203 Cardiff Road are also being offered for sale in this Auction - see Lot 10.
Note 4: 6 week completion.
Brochures
195/195a Cardiff Road, Newport, Gwent NP20 3BP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Newport (S. Wales) Station1.3 miles
- Pye Corner Station1.4 miles
- Rogerstone Station2.9 miles
Notes
Disclaimer - Property reference 195Newport. 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 Barnett Ross, Barnett Ross. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Barnett Ross, Barnett Ross on 020 8106 0950.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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