1 bed Commercial Property
Albert Avenue, Newport, Gwent NP19 8FF
£170,000
28 May 2025
GUIDE PRICE
AUCTION DATE
This property presents a fantastic investment opportunity, offering both a commercial space on the ground floor and a self-contained flat above. Located in a prime area with excellent foot traffic, this mixed-use building is perfect for those seeking to combine business and residential elements. Ground Floor: The main commercial space features a bright and spacious shop front, providing ample display area and visibility for any business. It benefits from direct access to a functional kitchen area and a cloakroom, offering convenience for both staff and customers. At the rear of the commercial area, there is access to a ground floor storage room, as well as a basement-level storage area, ideal for inventory, equipment, or additional business operations. Furthermore, there is internal access to the flat above, allowing for easy management of the property. First Floor Flat: The first-floor apartment can be accessed via a separate street entrance, ensuring privacy and independence from the commercial space below. Inside, the apartment is well-appointed with one double bedroom, a spacious living area perfect for relaxation or entertainment, and a fully equipped kitchen. The bathroom is also modern and practical, providing comfort for daily living. This property comes with no onward chain, making it an ideal choice for investors or those looking to secure a combined business and living space in a convenient location. The flat's separate entrance adds an extra layer of privacy for tenants or owners. Whether you're looking to run your business from the ground floor while enjoying the flat above, or rent out both spaces for additional income, this property offers numerous possibilities. An excellent opportunity to generate a strong return on investment, this property must be viewed to appreciate its full potential.
Albert Ave, NP19
Guide Price
£170,000
Auction Date
28 May 2025
End Time
14:32
Venue
Online
Auctioneer
IAM Sold
Number One Real Estate Agents
Unit 7, Diamond Court, Newcastle upon Tyne, NE3 2EN
0345 646 0302
About IAM Sold
iamsold, part of the iamproperty Group, is the largest residential auctioneer in the UK and pioneer of the Modern Method of Auction (MMoA). iamsold works with a network of 2,500 Partner Agents as an expansion of their business, enabling them to provide auction services to their clients and grow their business.