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Commercial Investment for Auction Newport PO30
Auction Date
01 May 2025
Guide Price
£195,000
Property Summary
Occupying a prominent position, this freehold property is arranged over three floors which includes a residential flat on the top floor, although this space is currently utilised as storage by the commercial tenant. The property is let under the terms of a five-year commercial lease at a current rental of £28,000 per annum, exclusive of VAT, and is considered ideal for addition to an income producing investment portfolio.
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