85-85A Christchurch Rd 740 SF Retail Building Newport NP19 7SP £220,000 (£297.30/SF)

The freehold interest in the property is quoting offers over £220,000.
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.
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.