25-26 Commercial St - Retail FOR SALE


Newport, BGW NP20 1HJ
$650,000 USD
25-26 Commercial St, Newport, BGW for Sale
$650,000 USD
Retail - FOR SALE
1/3
null | 9.38% Cap Rate

25-26 Commercial St
Newport, BGW NP20 1HJ


HIGHLIGHTS

  • City Centre location
  • Mixed Use Property
  • Redevelopment potential STP

OVERVIEW

The property is located in Newport, Wales’ third largest city. The city benefits from excellent connectivity being accessible via numerous exits from the M4 Motorway. The property occupies a prime location, on the corner of Commercial Street and Austin Friars and is a short walk from Friars Walk Shopping Centre and John Frost Square. The available property comprises a 3-storey, Grade II listed, mixed-use building with accommodation split over a basement and ground floor shop with office space to the first, second and third floors. The property also has potential for future redevelopment opportunities subject to planning.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

9.38%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

CYM349948,CYM670948,CYM725473,WA768700

ASK ABOUT THIS PROPERTY

Luca PiazzaEmanuel Jones LLPMore Info

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Luca PiazzaEmanuel Jones LLPMore Info

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