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Garage for sale
19 Garages at Allt-yr-Yn Way, Newport, NP20 5GB
£50,000
19 Garages at Allt-yr-Yn Way, Newport, NP20 5GB
£50,000
Our Summary
- FOR SALE BY AUCTION - -Lot 23 - Nineteen Tenanted Garages ONLINE AUCTION from 10th DECEMBER-12th DECEMBERA portfolio of nineteen garages situated in the city of Newport
- There is potential for future rent reviews or alternative uses (subject to necessary planning permissions)
Description
This property is a portfolio of 19 tenanted garages in Newport, currently generating an annual income of £6,216. The garages are situated in the sought-after Allt-Yr-Yn area, with easy access to the M4 motorway, city centre, and train station. The property is being sold with the freehold, offering potential for future rent reviews or alternative uses subject to necessary planning permissions. With high demand for garage rentals in the area, this is an attractive investment opportunity for those looking to add to their portfolio or generate passive income.