Guide Price

Clarence Place

Chez Giovannis

£ 500,000
9 Beds
3 Baths
2 Reception Rooms

Overview

Situated close to Newport town centre. Newport is now considered an up and coming property investment hotspot due to Newport councils development plan as well as the planned withdrawal of River Severn crossing tolls. The Property: Currently a pair of period 3 storey mid terrace mixed use commercial freehold properties with A3 (Licensed Restaurant) consents with residential over. The business’ now closed due to ill health but still currently fully fitted and suitable/ licensed to trade the vendors have successfully applied to add value by gaining permission to convert the upper floors to a fully licensed 9 bedroom HMO whilst ama

Property Details


Availability
Qualifier
Price 500,000
Tenure
Sale By
Department
Property Type
Property Style

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Map DataMap data ©2020
Map data ©2020
Map Data
Map data ©2020
Address Clarence Place,
Newport
Post Code NP19 0AH
Country United Kingdom

Property Amenities


Year Built Edwardian (1901 - 1910)

Additional Features


  • Strong yield expected
  • Constant supply of tenants
  • Fully equiped commercial kitchens in both
  • 9 bed HMO
  • Business recently closed due to ill health
  • 2 commercial Units
  • One kitchen is brand new
  • Planning Approved
  • Positive growth in Newport expected
  • Fully rennovated customer toilets
Property ID103340000017
Last Update 09-Nov-2020
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