8:30am to 5:30pm

Monday to Friday

Beechwood House,

Newport, NP19 8AJ

01633 740 740

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The Griffin, Griffin Street, Newport

NP20 1GL
Quoting£199,950/Exclusive for the Freehold Interest

Description


LOCATION

The property is on Griffin Street, located between High Street and Upper Dock Street. The new Friars Walk development is in close proximity providing in excess of 390,000 sq ft of retail and leisure space, home to many national retailers including Debenhams, Cineworld and Next.

Surrounding occupiers are a mixture of office, retail and leisure uses

with occupiers including Newport Indoor Market, Tiny Rebel, Subway, McDonalds and many more. All the amenities of the city centre are available within walking distance.

 

DESCRIPTION

The property provides a three storey, mid terrace, mixed use building in the heart of Newport city centre.

The ground floor provides a former pub but could be used for several different uses, subject to the appropriate planning permission. The accommodation provides a regular shape, open plan bar area with male & female WC’s, kitchen and storage/ barrel room.

The first floor provides a 2 bedroom flat, currently let at £450 per calendar month. The second floor also provides a 2 bedroom flat and this is currently let at £380 per calendar month. The flats are accessed independently from the ground floor unit.

 

ACCOMMODATION

Ground Floor                                         66.79 sq m (719 sq ft)

First Floor                                                2 bedroom flat

Second Floor Offices                             2 bedroom flat

 

TENURE

The entire property is available to purchase on a freehold basis. This will include the benefit of the rental income from the 2 flats, totaling £9,960 per annum. We are quoting a price of £199,950.


Property Documents

  • The Griffin, Newport, NP20 1GL

Contact info

Dan Smith
Dan Smith
01633 740 74001633 740 740
Linkedin
Kelly Binnie
Kelly Binnie
01633 740 74001633 740 740
Linkedin

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