West Point, Cardiff Road, Newport NP20 3AG

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West Point, Cardiff Road, Newport NP20 3AG

Property Type: Investment, Retail

Tenure: For Sale, Investment

Size: 20000 Sq Ft

Price: £ 715000

Property Details:

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.

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