Land for sale in Commercial Street, Newport NP20

Offers over £180,000
Interested in this property? Call +44 1633 371908 * or Request Details

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Land for sale

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Property features

  • Exceptional Investment/Development Opportunity In The Heart Of Newport City Centre
  • Highly Desirable Pedestrianised Location Ideal For Commercial Or Residential Purposes
  • Planning Permission Subject To Conditions For The Conversion To HMO - 6 x 1 Double Bedroom With Ensuite Shower Rooms. See Plans - Ref. No: 22/0794
  • Huge Potential & Strong Yields Available. Previously Utilised As Office Spaces & Still Has This Option.
  • Excellent Transport Links To Bristol, Cardiff & Surrounding Areas Via The Nearby M4 Motorway & High Speed Main Central Train Station Just 1 Minute Walk Away
  • Close To All Amenities, The Royal Gwent Hospital, Leisure Facilities & Bars/Restaurants/Shops & Cafes
  • Vacant. No Chain. Leasehold - 125 years.
  • *****watch the walk through video*****

Property description

***Exceptional Investment Opportunity***. Offered for sale as a Leasehold, Vacant Building Ideal for Investors, Developers & Owner Occupiers is this exceptional light filled & characterful premises made up of a private entrance with spiral staircase & lift to the ground floor and stunning, large & well presented spaces to the first floor. Benefitting from planning permission for conversion into a 6 Bed HMO (6 x 1 double bedroom with ensuite shower rooms) the property was previously utilised as high end office space and is set up to resume this purpose straight away, further increasing its potential and options for strong yield returns.

The property is located just a short walk from the newly refurbished & reopened Indoor Market, directly opposite the Friars Walk shopping mall in a highly desirable location on one of Newports busiest streets in the heart of the city centre. A 1 minute walk to the main central train station and short drive to the M4 motorway giving excellent transport links to Cardiff, Bristol & surrounding areas the property further boasts a high foot fall and very close proximity to the Royal Gwent hospital, leisure facilities and all that you'd expect from a city centre position.

*****Please Watch The Walk Through Video*****

A huge, rare opportunity with many possibilities the agents highly advise viewing in order to fully appreciate all that this well located, exceptional property has to offer.

Planning Application Reference - 22/0794.




Leasehold - 125 years. Service/Maintenance Charges £1045.71 2023.

Property info

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For more information about this property, please contact
Red Dragon Estates Ltd, NP20 on +44 1633 371908 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Red Dragon Estates Ltd, and do not constitute property particulars. Please contact Red Dragon Estates Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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