Commercial Development for sale38 Stow Hill, Newport, NP20
1,812 sq. m.
- 19,504 sq ft (1,812 sq m)
- Total Accommodation Approximately GIA 1,812.2 sq m (19,500 sq ft)
- Planning Permission for Construction of 23 Flats and 2 Houses
- City Centre Location
- Currently Producing an Income of £8,500 per annum
The property has the benefit of planning permission for the construction of eighteen flats and a terrace building that will provide five flats and two houses. From an external inspection, the property provides a substantial two storey building formerly used as a night-club.
It provides two floors together with basement storage accommodation. To the rear is an enclosed car park. We understand from the seller that the property extends to a GIA 1,812.2 sq m (19,500 sq ft). Site Area 0.186 Hectares (0.459 Acres)
Externally the property benefits from a parking area to the rear which we have been informed is currently producing £8,500 per annum.
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