View Large
West Point Apartments, 219 Cardiff Road, Newport, NP20 3AG
An opportunity to acquire the Freehold interest of this commercial and residential investment, consisting of 2 commercial units, 5 residential apartments let on ASTs and 16 apartments let on 999 year leases.
- Recently completed commercial and residential development.
- Unit 1 ground floor let to Heron Foods - £43,350 pa.
- Unit 2 ground floor let to P & B Kitchens - £20,000 pa
- 5 residential apartments let on ASTS - £45,300 pa.
- 16 residential apartments let on 999 year leases – Ground rent £320 pa.
- Total Income £108,970 pa excl.
- Asking Price £1,350,000 excl.
- Elected for VAT.
