42 Commercial Street

  • Home iconInvestment
  • Location iconNewport, NP20 1WX
  • Cost icon£435,000 for freehold interest
  • Under Offer

The property is located in Newport, Wales’ third largest city. Newport is situated approximately 12 miles north east of Cardiff and 31 miles west of Bristol, respectively. It is accessible via several exits from the M4 Motorway.

The property sits on the corner of Commercial Street and Llanarth Street which leads immediately into John Frost Square, the Kingsway Shopping Centre and Friars Walk Shopping Centre.

The available property provides accommodation split over basement, ground, first, second and third floors, with the entirety being let to Lloyds Bank Plc. They currently have a 4 year lease from June 2023 producing £50,000 per annum.

*Lloyds Bank PLC occupy the first and second floors of the adjacent
building. This is not included in the available freehold.

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