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Commercial Development for sale

38 Stow Hill, Newport, NP20

Removed £450,000
1,812 sq. m.

Property Description

Commercial information

  • 19,504 sq ft (1,812 sq m)

Key features

  • 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

Full description

Tenure: Freehold

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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