High Street, Caerleon , Newport. NP18 1AG

£148,950

Guide price

FOR SALE COMMERCIAL SHOP PREMISES

located in the heart of Caerleon.

Ground floor shop and retail area,

also benefiting from a large basement storage facility.

Current tenant paying £12,000 pa

IDEAL INVESTMENT

Introduction

Davis and Sons are pleased to offer for sale commercial premises fronting onto the High Street located in the heart of Caerleon. Ground floor shop and retail area, also benefiting from a large basement storage facility. The premises occupies the ground floor and lower ground floors of a two storey building. Prominently well located with excellent footfall in this busy area of Caerleon.

The ground floor is held on a 99 year lease from the 21st June 1995, Ground rent Approx £10 p.a.

The property is sub let and currently occupied by Coopers on a lease with Approx 2 years remaining at a current rent of Approx £12,000 pa.

The property is being offered for sale at £150,000 and the tenant wishes to extended her current lease. The shop has been professionally fitted out.

Ideal investment.

Shop (46' 0" x 16' 05" or 14.02m x 5.00m)

Large shop window frontage, serving counter etc, benefits from wc and stock storage.

Basement

Large basement area used for storage and stock.

Summary

Caerleon is a suburban town and community, situated on the River Usk in the northern outskirts of the city of Newport. Caerleon is a site of archaeological importance, being the location of a notable Roman legionary fortress, Isca Augusta, and an Iron Age. Caerleon hosts many activities during the year and is within easy reach of the Celtic Manor Resort. Caerleon is very popular with locals and visitors alike every year. Many business's are located in close proximity to the shop including the Ffwrrwrm Arts and Craft centre, cafes, restaurants, public houses and hotel.

Arrange viewing 01633 376250

Davis & Sons - Newport

20 Cambrian Road, Newport

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