The property provides a three storey, mid terrace building.
The ground floor provides a former pub, but could be used for a number of different uses, subject to the appropriate planning permission. The accommodation provides a regular shape, open plan bar area, male & female WC’s and a kitchen area.
The first floor provides a 2 bedroom flat, currently let at £XXX per calendar month. The second floor also provides a 2 bedroom flat and this is currently let at £XXX per calendar month. The flats are accessed independently from the ground floor unit.
Location
The City is located in a prime strategic location standing at the gateway between England and Wales. It benefits from excellent access to the M4 and wider motorway network. The City has an immediate population of approximately 137,000. Newport has and continues to undergo significant redevelopment making it a better place to live, work and shop.
The property is on Griffin Street, located between High Street and Upper Dock Street. The new Friars Walk development is in close proximity providing in excess of 390,000 sq ft of retail and leisure space, home to many national retailers including Debenhams, Cineworld and Next.
Surrounding occupiers are a mixture of office, retail and leisure uses with occupiers including Newport Indoor Market, Tiny Rebel, Subway, McDonalds and many more. All the amenities of the city centre are available within walking distance.
Accommodation
Ground Floor - 66.79 sq m (719 sq ft)
First Floor - 2 bedroom flat
Second Floor Offices - 2 bedroom flat
Terms
TENURE
The entire property is available to purchase on a freehold basis. This will include the benefit of the rental income from the 2 flats, totalling £XXX per annum. We are quoting a price of £XXX
Alternatively, our client will give consideration to a letting of the ground floor unit. We are quoting a rent of £XXX per annum, exclusive.
Specification
- Three Storey, Mixed Use Building For Sale
- City Centre Location
- Vacant Ground Floor – Suitable for Variety of Uses (STP)
- 2 x 2 bedroom Flats
- Currently Producing Income of £XXX per annum
- Quoting £XXX for the Freehold Interest