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Newport & District Conservative Club, 39-40 Pyle Street, Newport

Guide Price
£175,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Residential development for sale

Key features

  • Former social club in the heart of Newport and over looking St Thomas Square
  • Asset management potential in its current use
  • No Vat on sale price
  • An approx. 6,833 sq ft (low capital value of £25.61 per a sq ft)
  • Potential to convert the property into alternative uses or a number of dwellings
  • Vacant

Description

A Grade II Listed former social club offering accommodation over 3 floors (majority of space is predominately over ground and first floors). The property is accessed via Pyle Street but benefits from delivery access to the rear via Town Lane.

The property offers asset management in its current format or future development potential to convert to alternative uses or create multiple dwellings (subject to the requisite consents).

Situated in Newport Town Centre, this substantial property benefits from high footfall and a commanding position overlooking St Thomas Square.

The property is located next to one of the main thoroughfares from the High St and St Thomas's Square through to the Bus Station and a selection of large national retailers.

Newport is the County Town of the Isle of Wight and offers a variety of shopping amenities, churches, doctors, hospital and transport links. The town is within approximately a 15 minute drive of the Red Funnel ferry service in East Cowes and approximately 20 minutes of the Wightlink ferry service in Fishbourne.

Transport
Smallbrook Junction Station 6.1 miles

Brochures

Newport & District Conservative Club, 39-40 Pyle Street, Newport

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Smallbrook Junction Station6.1 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

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Disclaimer - Property reference 4A419F88-3D66-4F46-84C9-DE435A5B126B. 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 Savills, Savills Auctions- Commercial. 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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