Holyrood Street, Newport, PO30 5AU

Centre for sale

£145,000


Opportunity to purchase a mixed residential and retail investment property.

LOCATION
The property is located close to the High Street, Newport's busy retail and leisure destination, in a great high footfall area.



Neighbouring businesses include Couture Hairdressing, Primrose Delicatessen, Hurst's and various boutique stores offering clothing/home ware brands.

DESCRIPTION
The property offers ground floor retail plus residential to the first and second floors. The property currently has a tenant to the ground floor on a lease until 2020 on an annual rental of £6500. The residential accommodation is currently owner occupied.



Ground Floor

Retail area, kitchen and staff areas plus WC. Overall approximately 35 sq m (376 sq ft).

Rear garden with sheds.



First Floor

Kitchen 1.54m x 2.40m

Living Room 3.29m x 3.32m with fireplace

Bedroom 2.33m x 3.82m

Bathroom

Second Floor

Bedroom 3.70m x 2.21m with restricted head height.

TERMS
Our client is asking £145,000 for this freehold property with the benefit of the tenancy in place to the ground floor.
OUTGOINGS
The ground floor rateable value £4,900. Rates payable approx. £2,500 no including any small business rates relief.

The flat is rated for council tax under Band A.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk