Cardiff Rd
Newport NP20 3AG
West Point Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- approx 30,000 vehicles a day pass on Cardiff Road
EXECUTIVE SUMMARY
Two ground floor retail units located below 21 apartments. Unit 2 occupied by Heron Foods Limited and Unit 1 at 1,690 sq ft let to P&B Kitchens Limited.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,190 SF
Building Class
C
Year Built
2018
Price
$965,316
Price Per SF
$186.00
Cap Rate
8.53%
NOI
$82,322
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.34
Lot Size
0.35 AC
Parking
11 Spaces (2.12 Spaces per 1,000 SF Leased)
Frontage
50’ on Cardiff Road
AMENITIES
- Signage
- Energy Performance Rating - A
- Storage Space
- Air Conditioning
ABOUT CARDIFF RD , NEWPORT, BGW NP20 3AG
The property is located on the main arterial road into Newport City Centre from the M4 Motorway on the west side of Newport approximately 1 mile from the City Centre. The site is to the south of Mon Bank Housing Development and Harlech Retail Park.
