Mid-Terraced Commercial Property, Commercial Street, Newport, NP20
Commercial Street, Newport, NP20
Bluestone Estate & Letting Agents
Bluestone, 193 Caerleon Road
Description
This mid-terraced semi-commercial property presents a rare opportunity to acquire a turnkey investment in a prime location, positioned on a high-footfall street within a thriving area. The spacious shop space offers excellent visibility and versatility, making it ideal for a range of retail or service-based businesses. Currently arranged to provide a well-proportioned commercial unit on the ground floor, the property also benefits from two residential flats above, each designed to offer comfortable living accommodation.
With a combined rental income of £2,650 per calendar month, with potential to increase to approximately £2,980 per calendar month, this property represents an attractive prospect for investors seeking reliable returns. The layout is thoughtfully configured to maximise both commercial and residential potential, ensuring a steady income stream and long-term appeal. Off-road parking to the rear adds convenience for both tenants and business use, enhancing the property's accessibility and desirability. Early viewing is highly recommended to appreciate the full potential of this impressive investment opportunity.
Externally, the property further benefits from a secure gated area to the rear, providing valuable outside space that is both private and practical. This area is ideal for secure parking, loading, or storage, and offers peace of mind for business owners and residents alike. The gated access ensures that only authorised vehicles and individuals can enter, contributing to the overall security and functionality of the property. The outdoor space is low maintenance, allowing for easy management, while the off-road parking facility is a rare advantage for properties in such a central location. Whether utilised for business operations or as an amenity for the residential flats, the outside space further enhances the versatility and appeal of this investment property.
Book your viewing today to secure this outstanding investment opportunity in a sought-after area.
The property consists of two residential flats, both of which are being sold with tenants in situ. The current tenancies for both flats expire on 1st October 2026. However, they would need a 6 months notice period.
The commercial lease expires on 9th October 2029.
EPC Ratings:
Shop Floor – C
Mid Floor Flat – D
Top Floor Flat – C
EPC Rating: D
Key Features
- SEMI-COMMERCIAL PROPERTY
- RENTAL INCOME £2650 PCM
- 2X RESIDENTIAL FLATS
- PRIME LOCATION
- OFF-ROAD PARKING TO THE REAR
- TURNKEY INVESTMENT
- HIGH FOOTFALL LOCATION
- SPACIOUS SHOP SPACE
Property Details
- Property type: Commercial Property
- Property style: Mid-Terraced
- Price Per Sq Foot: £458
- Approx Sq Feet: 764 sqft
- Plot Sq Feet: 2,024 sqft
- Property Age Bracket: 1910 - 1940
- Council Tax Band: A
Floorplans
Outside Spaces
Yard
Large gated yard to the rear of the property.
Parking Spaces
Secure gated
Capacity: 1
secure gated area at the rear of the property
Location
Properties you may like
By Bluestone Estate & Letting Agents