Property description

LOCATION
Located on St James Street, just off Newport High Street, with neighbouring businesses including Speedy Pizza and Cheekie Monkies clothing.

DESCRIPTION
A fantastic opportunity to acquire a commercial unit with accommodation over.
To the ground floor is a commercial unit operating as a takeaway with kitchen and WC. The residential accommodation is accessed via the shop front and comprises residential kitchen to the ground floor with access to the garden and to the first and second floors 3 bedrooms, open plan living room/diner and bathroom.

TERMS
Our client looking to either sell the whole property freehold for £225,000 or will consider selling the business for £45,000 FFGW + SAV with a yearly rental of the property for £12,000 per annum on a full repairing and insuring lease over 7-10 years.

RATES
We understand the rating position (local telephone number 023 8053 8500) is as follows:
Rateable value £3,900, UBR 0.458p rates payable £1790, before any applicable relief.

SERVICES
Electricity, gas, water and drainage are all understood to be connected.

COSTS
Each party is to be responsible for its own costs incurred in any transaction

VIEWING
By appointment via this office, Tel: 01983 527727, Email: commercial@hrdiw.co.uk

Property Features :

• Commercial Property with Residential Over
• Freehold Sale
• May Also Sell Business