Norwich House, 1-2 Gold Tops, Newport

For sale £1,000,000 8,038 sq ft ~Space for 74 people (est)
almost 2 years ago. Hutchings & Thomas
Primary Photo of Norwich House, 1-2 Gold Tops, Newport
Full address
Norwich House, 1-2 Gold Tops, Newport - Newport
Contact details
Asking price
£1,000,000
Property type
Office for sale
Features
Car park, Friendly, Premier office, Telephone system
Size
8,038 sq ft
Estimated space
74 people
This value is estimated based on allocating 108 sq ft per person for office space
Tenure
Freehold
NIY (%)
7.59

Norwich House comprises a three storey, purpose built office building with onsite car parking at the rear located on Gold Tops, Newport's premier office district.
The property is currently let to Costain Ltd on a full repairing and insuring lease for a term of 5 years from August 2014. The passing rent is £80,380 per annum.
Offers in the region of £1,000,000 for the freehold interest in the property. This provides a net initial yield of 7.59% (Assuming 5.8% purchasers costs).

This office for sale is located in Newport

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National rail 0.1m Newport (S Wales)
Nearest airport 30.2m Bristol

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Hutchings & Thomas. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hutchings & Thomas for full details and further information.