AUCTION SALE: A mixed commercial / residential investment in this popular location within Newport Town Centre.

Investments/developments/land, Newport

Sold
Price Guide – £500,000 (VAT May Apply) + Fees
Location – Newport
Space: TBC
EPC – C, D & E
Mixed commercial/residential investment for sale in the Island’s main Town Centre, comprising a terraced block of shops (two currently vacant) with converted residential flats over. The property is, we understand, Grade II Listed, under a recently renewed tile roof and benefitting from recent external decoration – Total current income: £48,795 pa with potential to earn £66,295 fully let. The property is offered for sale on a freehold basis, but subject to any existing tenancy arrangements in situ. This property is being sold via online auction, ending Wednesday 23rd September 2020, with Clive Emson. For further details, please visit www.cliveemson.co.uk.