Commercial Street, Newport £259,950

***Exceptional Investment Opportunity***. Offered for sale as a Freehold, Tenanted Building Ideal for Investors & Developers is this large 4 storey & characterful premises made up of a good size commercial unit to the ground floor, residential space to the 3 floors above, a very large basement area & rear off road parking & access area. Benefitting from a 9 year lease on the shops space and with huge potential to increase, adapt & develop the remaining areas of the building both inside and outside make this an ideal opportunity for a strong initial return as well as huge potential for future growth.
The property is located just a short walk from the newly refurbished & reopened Indoor Market & the Friars Walk shopping mall in a highly desirable location on one of Newports busiest streets in the heart of the city centre. A 2-minute walk to the main central train station and short drive to the M4 motorway giving excellent transport links to Cardiff, Bristol & surrounding areas the property further boasts a high foot fall and very close proximity to the Royal Gwent hospital, leisure facilities and all that you'd expect from a city centre position.