Situated close to the bus station in the centre of Newport, the island’s county town, this substantial three storey freehold building is let to both commercial and residential tenants, producing a healthy investment income.
Occupiers include the multi-national “GAME” on a renewed five year lease.
29 St James Street
Main trading area with rear store rooms, staff kitchen area and cloakroom with W.C.
Let under the terms of a five year lease, from 12th November 2017, at a current rental of £27,500 per annum.
29B St James Street
Currently let to a Health and Beauty provider with accommodation over the two floors including a main salon area and numerous smaller treatment rooms, cloakroom with W.C. and staff kitchen/rest room.
Let under the terms of a commercial lease for a period of 10 years, from 1st September 2018, at a current rental of £8,000 per annum.
29A St James Street
Living room, kitchen/dining room, two bedrooms, bathroom (no W.C.) and cloakroom with W.C.
Holding over under the terms of an Assured Shorthold Tenancy Agreement, from 21st January 2013, at a current rental of £6,000 per annum.
Living room, kitchen, bedroom, bathroom (no W.C.) and cloakroom with W.C.
Holding over under the terms of an Assured Shorthold Tenancy Agreement, from 27th January 2013, at a current rental of £3,600 per annum.
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