West Point, Cardiff Road, Newport NP20 3AG
Property Type: Investment, Retail
Tenure: For Sale, Investment
Size: 20000 Sq Ft
Price: £ 715000
PRIME RETAIL INVESTMENT WITH RESIDENTIAL ABOVE
Ground Floor – Unit 1 – P&B Kitchens Limited at £20,000 pa for 5 year lease.
Ground Floor – Unit 2 – Heron Foods Limited – A new 10 year Full Repairing and Insuring Lease from July 2019 with a 5 yearly rent review on an upwards only basis to higher of open market value or passing rental. Lease expiry July 2029.
Upper Floors – The residential apartments have been sold on a long leasehold – 999 years basis.