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108-109 108-109 Commercial St

11,677 SF Retail Building Newport NP20 1LW £450,000 (£39/SF)

Investment Highlights

  • Prominent Corner Position
  • Spacious Retail Accommodation
  • High Street Location

Executive Summary

We are pleased to offer this large property which has the opportunity for both commercial and residential development, subject to planning.
FOR SALE BY ONLINE AUCTION 5TH JUNE 2024 – All bidders must register beforehand. Lot 31.
The site has had residential development planning granted for 8 apartments – (NOW LAPSED)
First floor – 2 x two bed apartment
Second floor – 1 x one bed apartment and 2 x two bed apartments
Third floor – 3 x two bed apartments
Former public house situated in a high street location with access to local amenities and public services.
Chance to have a spacious ground floor/lower ground floor retail unit with potential to convert the upstairs subject to renewed planning application. (as the previous has lapsed)
Prime corner location.

Property Facts

Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Freehold
Property Subtype
Bar
Building Size
11,677 SF
Building Class
B
Year Built
1900
Price
£450,000
Price Per SF
£39
Tenancy
Single
Number of Floors
4
Frontage
73 ft on Commercial Street

Amenities

  • Storage Space

Nearby Major Retailers

Lidl
Pure Gym
Eurochange
Starbucks
Sainsbury's
Boswells
ASDA
Lloyds Bank Plc
T S B
Zizzi
  • Listing ID: 31723216

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: 108-109 Commercial St, Newport NP20 1LW

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