Retail/Residential Investment

A mid-terrace Property located on Maindee Parade on Chepstow Road in Newport.

Tenure

See Legal Pack

Ground Floor

Ground floor retail unit and 1 bedroom flat.

First Floor

2, 1 bedroom flats.

Second Floor

1 bedroom flat.

Rental Income

St David's Foundation - £7,500 per annum, currently holding over Ground floor flat - Vacant - ERV: £4,160 p.a Flat 1 - £3,120 p.a Flat 2 - £4,160 p.a Flat 3 - £4,420 p.a Solar Panel - £1,600 p.a Total Rents Received: £20,800 p.a.x ERV:£24,960 p.a.x

Viewing Schedule

Wednesday 30th January - 13.00 - 13.45 Thursday 7th February - 10.30 - 11.15

Local Authority

Newport City Council

Solicitors

Everett Tomlin Lloyd & Pratt, Gold Tops, Newport, NP20 4PH, Tel: 01633 251801

Additional Fees

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £594 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.