St. Thomas House 17 St. Thomas' Sq 2,404 SF 100% Leased Office Building Newport PO30 1SL $496,537 ($206.55/SF)

A rare and unusual opportunity to purchase this exceptional Grade II Listed building as an investment, with the benefit of existing income-producing tenancies in situ.
Price Guide - £375,000 freehold.
St. Thomas House is situated overlooking the pedestrianised St. Thomas Square, a central and integral part of the main Town Centre of Newport. Near neighbours include Lloyds Bank, Newport Minster, The Wheatsheaf, Available Light Gallery & Gifts, among others and including a number of ‘café culture’ outlets with external seating including the newly-relocated and refurbished Grace’s Bakery. Early interest is very strongly encouraged: the premises have undergone considerable and sympathetic improvements and refurbishments in recent years, and the property is currently fully let as an investment proposition. The property is effectively mid-terraced and is Grade II Listed, with a great many character features, including a central ‘Chinese Chippendale’ staircase providing access to the upper floors. The property is fully let to a variety of excellent tenants, with each letting on an inclusive basis, and with the current net income demonstrating before costs a yield of just over 9%.