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COMMERCIAL

High Street, Newport

Guide Price
£200,000
Red Dragon Estates, Newport
PROPERTY TYPE

Residential Development

SIZE

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Key features

  • Exceptional Investment/Development Opportunity. 3 Storey Large Characterful Building. Mixed Use.
  • City Centre Location. Highly Desirable & Pedestrianised Ideal For Retail, Office & Residential Uses.
  • Planning Permission Granted For Conversion Of First & Second Floors. 2x1 bed Flats & 2 Studio Flats.
  • Planning Application Number 17/0306. Newport City Council.
  • Close To Central Railway Station & M4 Motorway. Excellent Transport Links to Bristol, Cardiff & Beyond
  • In Need Of Development/Upgrading Throughout.
  • Vacant ***NO CHAIN*** Freehold
  • **Guide Price £200,000 - £225,000**

Description

Red Dragon Estates are delighted to offer to the market this great ***Investment Opportunity***. Offered for sale as a Freehold, Vacant Building Ideal for Investors, Developers & Owner Occupiers is this exceptional 3 Storey premises made up of a split level retail area to the ground floor (formerly Toni & Guy hairdressers) and stunning, large, characterful spaces to the first and second floors benefitting from planning permission for conversion to 4 flats (2 x 1 bed & 2 studios). In need of development & upgrading but packed full of potential and potential high yields, the property is located just opposite from the newly refurbished & reopened Indoor Market in a highly desirable spot in High Street at the heart of Newport city centre. Close to the main central train station and M4 motorway giving excellent transport links to Cardiff, Bristol & surrounding areas the premises further boasts a high foot fall and presents alongside many other major outlets such as McDonalds, Greggs, Natwest, Specsavers, Subway, Tescos & HSBC to name but a few.
A huge, rare opportunity with many possibilities the agents highly advise viewing in order to fully appreciate all that this well located, well proportioned property has to offer. Video tour & Floor plan available. Planning Application Number 17/0306.

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Full Details

High Street, Newport

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newport (S. Wales) Station0.1 miles
  • Pye Corner Station2.0 miles
  • Rogerstone Station3.0 miles

About Red Dragon Estates, Newport

70 Bridge Street Newport NP20 4AQ
Industry affiliations:Industry affiliation logo 0

Red Dragon Estates is an Independent Estate & Letting Agency and was set up in order to break away from the usual money orientated image that estate agents have portrayed for far too long. With a firm emphasis on quality of service, Red Dragon Estates have strived to ensure that their Clients come first! We don?t believe everything new is good, so we embrace the latest technology and invest heavily to ensure maximum results, but we also hang on to the traditional, old-fashioned values that our clients struggle to find elsewhere. We are proud to be the agent that has always been known to get the best possible price in the shortest possible time. We don?t do business, we do relationships, and this is what sets our service standards higher. Whether selling or letting, buying or renting, you can be assured that the team at Red Dragon Estates will do everything they can to ensure a smooth transaction.

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Disclaimer - Property reference 11544556. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Red Dragon Estates, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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