Property description
Sower Estates would like to present this corner property in the district to the south of Newport City Centre. This lock-up shop comprises of kitchenette, WC/Shower and three large basement inter-connected rooms and a small bathroom area is of excellent value for rent.
Description
Strategically located off the A48 and being prominently suitable on the corner of Courtybella Terrace and Alexandra Road. This lock-up shop unit is ideal for those on the move having the benefits of heated flooring and a large WC/ Shower room. The property is tastefully decorated and ready for prospective tenants to begin occupation and trading. The property comprises of two floors that being the ground floor and basement. The basement as seen in the pictures are in an incomplete condition.
Accommodation
2 x Two bedroom flats on upper floors
Dimensions to be confirmed
Ground Floor
Sales Showroom Area 7.8m x 5.9m
Kitchenette 2.6m x 3.1m
WC/ Shower 3.1m x 3.1m
Basement
Storage area 1 - 5.5m x 3.5m
Storage area 2 - 4.0m x 3.2m
Storage area 3 - 3.4m x 4.5m
Gross Rental Income
First floor flat £4,560 pa (achieved)
Second floor flat £4,800 pa (achieved)
Ground floor commercial unit £4,000 pa (achieved with rent increase annually)
Advertising board £600 pa (achieved)
Location
The property is located in the inner-city district to the south of the city centre and the built-up area is commonly shortened to \"Pill\". It contains the Newport Docks and the western ends of the Newport Transporter Bridge, City Bridge and George Street Bridge. Pill is known for its close-knit community spirit and a large number of immigrants which contribute to its ethnic diversity. Pill has a large majority of foreign descent within the city due to being host to The Old Town Docks where a large influx of English and Irish immigrants among others came to work. The streets of Pill also play host to the Pill Carnival on the last weekend of every August. The Old Town Dock area is currently undergoing a huge mixed-use regeneration to bring the derelict dock lands back into use. A lively market takes place on a Saturday morning at the Newport Auction site.
NoticePlease note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Property Features :
- Low Incentive Step-Rent
- Ample Street Parking
- A2 Current Use
- Flexible Terms and Conditions
- Located off the A48