Guide Price

£135,000.00

Property Type

Retail

Size

82 sqm / 882 sqft

Tenure

For Sale

Description

The subject premises are located on Commercial Street a main commercial thoroughfare in Newport City Centre. The surrounding area comprises a mixture of A1, A2 and A3 commercial uses and residential accommodation.

The subject premises comprise a mid-terraced Public House arranged over five floors of traditional brick / stone construction under a pitched slate roof which has been extended over time to the rear.

The premises has a ground floor bar, WC’s, pool room, basement cellar and upper floor residential accommodation.

The property has rear access onto a communal service yard.

We have been informed the premises benefits from mains services and gas central heating.

Rateable Value
£7,300 (2017 list).

Tenure & Terms
We are quoting a rental of £14,500 per annum exclusive of VAT.

Quoting Price
We are seeking £135,000 for the freehold interest in the premises.

Ref. 82