- Guide Price £325,000 TO £350,000
- VACANT POSSESSION DEC 2019
- GROUND FLOOR COMMERCIAL PROPERTY
- SPACIOUS FIRST FLOOR APARTMENT
- ONE BEDROOM
- LIVING ROOM
- KITCHEN DINER
- CONVERTED LOFT SPACE
- CENTRAL CAERLEON LOCATION
*REDUCED Guide Price £325,000 TO £350,000*RARE INVESTMENT OPPORTUNITY*VACANT POSSESSION DEC 2019*
*GROUND FLOOR COMMERCIAL PROPERTY**SPACIOUS FIRST FLOOR APARTMENT**ONE BEDROOM**LIVING ROOM**KITCHEN DINER**BATHROOM**CONVERTED LOFT SPACE**CENTRAL CAERLEON LOCATION**
Pinkmove are pleased to present this wonderful opportunity to purchase a commercial space in the heart of Caerleon village, along with a one bedroom residential apartment above, located on Backhall Street in Newport. This is a unique opportunity to purchase a Freehold Retail premises in Caerleon, this kind of property rarely comes available in the heart of the well loved Caerleon village so this investment is not to be missed!
The property is set just off from the high street in the centre of Caerleon, so a prime and highly sought after location. The shop floor itself consists of two spacious rooms, one overlooking the front of the property and a slightly smaller room to the rear. The space is currently utilised as a hair salon and barbers with a third additional room to used a a treatment space. There is also a good sized kitchen area and a W.C and hand basin. The ceiling between the shop floor and flat has been sound insulated so any noise from the salon can't be heard from the flat above and vice versa.
From the front of the property you have a second entrance leading up to the first floor apartment. As you enter a staircase leads you up to the first floor where you have a spacious and stylish lounge area for your furniture. From here you have access into a good sized double bedroom, the bathroom and a generously sized kitchen diner. The apartment also boasts a second floor loft conversion offering you an additional sitting area.
The property is a fantastic investment opportunity offering you various financial returns with the current vendors hosting the apartment space on airbnb. It also is a well established hairdressing salon that has been running for 29 years.
Short term rental value - £75 Per Night
Long term rental value - £650 PCM / £7,800 PA
Shop/Commercial Space - £1,500 PCM / £18,000 PA
Check out the video tour and contact the Pinkmove team to arrange a viewing!