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449 Corporation Rd

8,358 SF 100% Leased Retail Building Newport NP19 0HE £500,000 (£60/SF)

Shops & Retail Properties Gwent Newport 449 Corporation Rd, Newport, BGW NP19 0HE

Investment Highlights

  • Let to Pendragon Property Holdings Ltd on a lease expiring in 2025
  • ituated in a mixed use area opposite Sinclair Volkswagen
  • Comprising total accommodation of approx 371.76 sq m

Executive Summary

Lot 20 is available for sale at an Allsop online auction to be held on Wednesday 11th December 2024.

The property comprises an investment/long leasehold investment/owner user opportunity for sale.

The asking price is £500,000, representing a gross initial yield of 14.94%.

Attachments

Commercial - 11th December 2024 - Lot 20 - 449 Corporation Road, Newport, Gwent, NP19 0HE

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Auto Repair
Building Size
8,358 SF
Building Class
B
Year Built
1994
Price
£500,000
Price Per SF
£60
Percent Leased
100%
Number of Floors
2
Building FAR
0.56
Land Acres
0.34 AC
Parking
17 Spaces (2.03 Spaces per 1,000 SF Leased)
Frontage
141 ft on Corporation Road

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Nearby Major Retailers

Morrisons
SPAR
Co-operative Food
Costa Coffee
ALDI
Toby Carvery
Snap Fitness 24/7
Tesco Extra
YO!
Tesco
+44 20 7543 6890

  • Listing ID: 34046109

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 449 Corporation Rd, Newport NP19 0HE

The Retail Property at 449 Corporation Rd, Newport, NP19 0HE is currently available For Sale. Contact Allsop for more information.

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449 Corporation Rd
+44 20 7543 6890 x

449 Corporation Rd

Doug Guild

+44 20 7543 6890

+44 20 7543 6890

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