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264 Chepstow Rd 1,952 sq ft 100% Let Retail Property Newport NP19 8NL £190,000 (£97.34/sq ft)
Investment Highlights
- Prominent Chepstow Road frontage
- Substantial basement providing versatile storage
- High footfall and excellent visibility
Executive Summary
This prominent mixed-use property comprising a ground floor commercial premises with a two-bedroom apartment above, located on Chepstow Road, one of Newport’s busiest and best-connected arterial routes. The commercial unit has previously operated successfully as a salon and benefits from excellent visibility, high footfall, and strong transport connectivity, including regular bus routes and easy access to the M4 motorway. The ground floor accommodation includes a spacious shop floor with reception and waiting area, ancillary storage, kitchen facilities, a substantial basement with WC, and rear access. The self-contained residential apartment is accessed separately and comprises a fitted kitchen, living room with bay-fronted window, two bedrooms, and a bathroom.
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,952 sq ft
Costar Property Class
B
Year Built
1800
Price
£190,000
Price per sq ft
£97.34
Occupancy Rate
100%
Number of Floors
2
Plot ratio
1.49
Total Plot Size
0.03 ac
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Nearby Major Retailers
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264 Chepstow Rd
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