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Matt’s Motors 26 Coomassie St 2,253 SF Industrial Building Newport NP20 2JP $836,961 CAD ($371.49 CAD/SF)



INVESTMENT HIGHLIGHTS
- Business and Freehold Unit For Sale
- Well Respected Business with Good Trading History
- Approximately 2,253 Sq Ft (194.18 Sq M)
- Fully Equipped Class 4 MOT Test Centre
- Established Industrial Location
- Quoting £450,000 Exclusive
EXECUTIVE SUMMARY
The business, equipment and freehold interest in the property are available for offers in excess of £450,000. A full inventory of equipment and accounts information are available on request.
The unit is currently used as a garage and MOT Centre and is being offered for sale as a business, including all the equipment and the freehold property. The property is split into two sections with a minimum eaves height of 3.88m. Elevations are a mixture of metal sheeting cladding to the higher level and external concrete panel, internal blockwork to the lower level. There is a metal roof sheet supported by a portal frame with a ceiling installed below and natural lighting in the eaves.
The warehouse provides two spaces each with roller shutter door access measuring 3.44 wide by 3.57 height and 2.93 wide by 2.76 height. The warehouse benefits from 3 phase electricity, 4 vehicle ramps, lighting, and toilet area. There is a waiting area/kitchen to the front of the property accessed via a pedestrian door and with the benefit of a shuttered window.
There are separate offices to the first floor and a mezzanine floor for storage to the rear. The first floor offices benefit from laminate flooring and strip lighting. There is the benefit of an alarm system currently connected to the police.
Externally, the property provides car parking to the front of the property and is gated and fenced. There is on street parking and a pay and display car park nearby.
The City of Newport is located in a prime strategic location close to the border of England and Wales. It benefits from excellent access to the M4 motorway and wider motorway network and provides regular train services to London Paddington. The City has an immediate population of approximately 137,000. The property is located on Coomassie Street in Newport. This is an established motor industrial area with nearby occupiers including AMS point, P&D Autofix and Dale Motors amongst others. Newport city centre is approximately 2 miles away. Road connections are good and the M4 is approximately 4 miles away at Junction 24.
The unit is currently used as a garage and MOT Centre and is being offered for sale as a business, including all the equipment and the freehold property. The property is split into two sections with a minimum eaves height of 3.88m. Elevations are a mixture of metal sheeting cladding to the higher level and external concrete panel, internal blockwork to the lower level. There is a metal roof sheet supported by a portal frame with a ceiling installed below and natural lighting in the eaves.
The warehouse provides two spaces each with roller shutter door access measuring 3.44 wide by 3.57 height and 2.93 wide by 2.76 height. The warehouse benefits from 3 phase electricity, 4 vehicle ramps, lighting, and toilet area. There is a waiting area/kitchen to the front of the property accessed via a pedestrian door and with the benefit of a shuttered window.
There are separate offices to the first floor and a mezzanine floor for storage to the rear. The first floor offices benefit from laminate flooring and strip lighting. There is the benefit of an alarm system currently connected to the police.
Externally, the property provides car parking to the front of the property and is gated and fenced. There is on street parking and a pay and display car park nearby.
The City of Newport is located in a prime strategic location close to the border of England and Wales. It benefits from excellent access to the M4 motorway and wider motorway network and provides regular train services to London Paddington. The City has an immediate population of approximately 137,000. The property is located on Coomassie Street in Newport. This is an established motor industrial area with nearby occupiers including AMS point, P&D Autofix and Dale Motors amongst others. Newport city centre is approximately 2 miles away. Road connections are good and the M4 is approximately 4 miles away at Junction 24.
PROPERTY FACTS
| Price | $836,961 CAD | Lot Size | 0.10 AC |
| Price Per SF | $371.49 CAD | Rentable Building Area | 2,253 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Tenure | Freehold | Year Built | 1973 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Service | No. Drive In / Grade-Level Doors | 3 |
| Building Class | B |
| Price | $836,961 CAD |
| Price Per SF | $371.49 CAD |
| Sale Type | Investment or Owner User |
| Tenure | Freehold |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 0.10 AC |
| Rentable Building Area | 2,253 SF |
| No. Stories | 3 |
| Year Built | 1973 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 3 |
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Matt’s Motors | 26 Coomassie St
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