Property photos
Offers over
£220,000
(£297.30/sq. ft)
Retail premises for sale
Christchurch Road, Newport NP19740 sq. ft
Local area information
Property location
Nearby amenities
- St Joseph's R.C. Primary School 0.3 miles
- Eveswell Primary School 0.4 miles
- Newport (South Wales) 1.1 miles
- Newport (S Wales) Ferry Terminal 2.1 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold Mixed Use Opportunity in Newport
- Ground Floor Retail Unit + First Floor 2 Bed Flat
- Generating Income of £14,820 per annum
- Potential to Increase Rents over next 12 months
- Ground Floor 740 Sq Ft (68.73 sq m
- Quoting Offers over £220,000
Location
The City of Newport is located in a prime strategic location close to
the border of England and Wales. It benefits from excellent access to
the M4 motorway and wider motorway network and provides regular
train services to London Paddington. The City has an immediate
population of approximately 137,000.
The property is located Christchurch Road, on the corner of Norfolk
Road and Victoria Avenue. The surrounding area is mainly residential, however there are convenience stores nearby. Newport City Centre
is approximately 1 mile away and the M4 Motorway 3 miles away.
Description
The property is a semi detached building consisting of ground floor
retail accommodation and a 2 bed residential flat on the first floor.
The ground floor is open plan accommodation with kitchen facilities
and WC to the rear. The property benefits from a mixture of carpet
and laminate flooring, spot lighting, wall sockets and UPVC windows.
The first floor is a 2 bed residential flat with bathroom, living room and
kitchen. There is a gated courtyard to the side.
Tenancies
The ground floor is currently let to Liberte Hairdressers who have
been in occupation for 25 years, the current lease is for a period of 5
years expiring on 4th January 2029 with a mutual break clause on 4th
January 2026 subject to 6 months notice. The current tenant is paying
£7,860 per annum.
The first floor flat is let for a rent of £580 pcm expiring 12th October
2025.
Accommodation
Ground Floor: 68.73 sq m (740 sq ft)
There is on street parking on the streets surrounding the property.
Planning
We understand that the property benefits from planning consent for
retail / residential use. However, we recommend that interested
parties make their own enquiries to the local authority.
Local authority
Newport City Council:
Tel: Rating assessment
rateable value Ground Floor: £5,700
rates payable Ground Floor: £3,208.46*
*Some occupiers may qualify for “small business rates relief” which
will provide a discount on this figure. Interested parties should contact
the Business Rates Department at Newport City Council for more
information.
Tenure
The freehold interest in the property is quoting offers over £220,000.
The City of Newport is located in a prime strategic location close to
the border of England and Wales. It benefits from excellent access to
the M4 motorway and wider motorway network and provides regular
train services to London Paddington. The City has an immediate
population of approximately 137,000.
The property is located Christchurch Road, on the corner of Norfolk
Road and Victoria Avenue. The surrounding area is mainly residential, however there are convenience stores nearby. Newport City Centre
is approximately 1 mile away and the M4 Motorway 3 miles away.
Description
The property is a semi detached building consisting of ground floor
retail accommodation and a 2 bed residential flat on the first floor.
The ground floor is open plan accommodation with kitchen facilities
and WC to the rear. The property benefits from a mixture of carpet
and laminate flooring, spot lighting, wall sockets and UPVC windows.
The first floor is a 2 bed residential flat with bathroom, living room and
kitchen. There is a gated courtyard to the side.
Tenancies
The ground floor is currently let to Liberte Hairdressers who have
been in occupation for 25 years, the current lease is for a period of 5
years expiring on 4th January 2029 with a mutual break clause on 4th
January 2026 subject to 6 months notice. The current tenant is paying
£7,860 per annum.
The first floor flat is let for a rent of £580 pcm expiring 12th October
2025.
Accommodation
Ground Floor: 68.73 sq m (740 sq ft)
There is on street parking on the streets surrounding the property.
Planning
We understand that the property benefits from planning consent for
retail / residential use. However, we recommend that interested
parties make their own enquiries to the local authority.
Local authority
Newport City Council:
Tel: Rating assessment
rateable value Ground Floor: £5,700
rates payable Ground Floor: £3,208.46*
*Some occupiers may qualify for “small business rates relief” which
will provide a discount on this figure. Interested parties should contact
the Business Rates Department at Newport City Council for more
information.
Tenure
The freehold interest in the property is quoting offers over £220,000.
More information
Listed by
M4 Property Consultants
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