About this property

MIXED COMMERCIAL & RESIDENTIAL INVESTMENT
• Edge of town centre location
• 2 shop units with flat above
• Flat let on AST (shops vacant)
• Development opportunity
• Rear garden & Garage
• Services : All mains connected

FOR SALE

MIXED COMMERCIAL & RESIDENTIAL INVESTMENT 

66 & 67 NEWPORT ROAD

NEWPORT, BARNSTAPLE, NORTH DEVON EX32 9BG

PRICE: OIRO £150,000 FREEHOLD

¨    Edge of town centre location

¨    2 shop units with flat above

¨    Flat let on AST (shops vacant)

¨    Development opportunity

¨    Rear garden & Garage

¨    Services : All mains connected

THE SITUATION

The property is situated within the popular Barnstaple suburb known as Newport.   Park Secondary School and Newport Primary School are close by.  There are a variety of retailers in the immediate vicinity and a high level of passing/chance trade.

THE PROPERTY AND CONSTRUCTION

COMMERCIAL:

Number 66 comprises a shop unit of c.380 sq ft together with rear servicing of c.220 sq ft and toilet.

Number 67 comprises a split level shop unit of c.510 sq ft together with single storey extension extending to c.550 sq ft with kitchenette and toilet.

RESIDENTIAL:

66A comprises a 2 bedroom maisonette (both single bedrooms), en-suite shower room, large front to back lounge and kitchen/dining room. 66A extends to c.1000 sq ft and occupies the first floors of 66 and 67 Newport Road. To the rear is a garden (primarily to the rear of 66 Newport Road) extending to around 70 ft and containing a block built and rendered garage.

THE PROPOSAL

Our clients are inviting offers based upon £150,000. It should be noted that the flat is subject to an assured shorthold tenancy at £5,330 per annum. The shops are vacant.