187, 189, 191, 183 & 203 Cardiff Road, Newport, Gwent NP20 3BP
Business rates & charges may apply
- 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 comprising 5 shops each with an upper part
- Producing £2,784 per annum
- Gross Yield 13.9%
Description
Located close to the junction with Bideford Road and 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
Occupying part of a local parade comprising 5 Ground Floor Shops, 3 with First Floor Storage/Ancillary Accommodation and 2 with First Floor Flats.
VAT is NOT applicable to this Lot
FREEHOLD
TENANCIES & ACCOMMODATION - see brochure
Note 1: Nos. 195 & 197 Cardiff Road are also being offered for sale in this Auction - see Lots 8 & 9.
Note 2: There is a 6 week completion.
Brochures
187, 189, 191, 183 & 203 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 187to203Newport. 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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