The property is located on Charles Street, just a short distance from Friars Walk Shopping Centre.
The property is fully let to two tenants, producing Income of £XXX pa.
The property offers asset management opportunities and could be suitable for alternative uses in the future (subject to the necessary planning permission).
Location
The City is located in a prime strategic location standing at the gateway between England and Wales. It benefits from excellent access to the M4 and wider motorway network. The City has an immediate population of approximately 137,000. Newport is currently undergoing major changes; this is yielding a much improved environment for people to live, work and visit.
The property is on Charles Street located just off of Commercial
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 The Secret Garden Café, The Job Centre, The Camera Centre and many more. All the amenities of the city centre are available within walking distance.