Stores /IOW /Newport /22A-23 St James St
Stores /IOW /Newport /22A-23 St James St

22A-23 St James St - Storefront FOR SALE


Newport, IOW PO30 1UX | 
$600,000 USD
207-543-6881
22A-23 St James St, Newport, IOW for Sale
$600,000 USD
Storefront - FOR SALE
1/1
null | 11.67% Cap Rate
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22A-23 St James St
Newport, IOW PO30 1UX

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HIGHLIGHTS

  • Entirely let to Nationwide Building Society on a 15 year lease expiring 2029 (No breaks)
  • Potential for future redevelopment (subject to consents)(2)
  • Town centre location adjacent to Costa Coffee

OVERVIEW

Lot 40 was available for sale at an Allsop online auction that was held on Thursday 1st of May 2025. The property comprises a freehold investment opportunity for sale. The asking price is £600,000 - £650,000, representing a gross initial yield of 11.67%.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

11.67%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1886

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

IW15352,IW44151,IW79846

ASK ABOUT THIS PROPERTY

Ben KanerickAllsopMore Info
207-543-6881

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Ben KanerickAllsopMore Info
207-543-6881

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