Former Station Buildings, Queensway
Savills commercial SOLD

Former Station Buildings, Queensway, Newport, NP20 4AX

£500,000 Score 2.0/10

Description

To be offered on Wednesday 29 July. High Yielding Office Investment. Let to Newport City Council. 16 Year Lease Expiring 02.01.2028. 26, 235 sq ft (2, 437.23 sq m). Asset Management Potential. Development/Conversion Potential (subject to consents). Investment Let at £317, 250 p.a. (63.45% GIY on Guide Price)

Opportunities

  • Development potential

Lot details

  • To be offered on Wednesday 29 July
  • High Yielding Office Investment
  • Let to Newport City Council
  • 16 Year Lease Expiring 02.01.2028
  • 26, 235 sq ft (2, 437.23 sq m)
  • Asset Management Potential
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Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.