High street retail property for sale
158 Commercial Street, Newport, NP20 1JQ
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
Key features
- Former Poundland
- Close to local amenities
- Retail Unit
Description
ONLINE AUCTION from 3rd FEBRUARY-5th FEBRUARY
The property forms part of the former Poundland building until 2017 and is offered with vacant possession.
We have been advised by the landlord that there are current dilapidations costs which may be recoverable from Poundland.
We advise that this property will be able to achieve £12,000 - 15,000 pa.
There is also potential for residential development above the retail unit, subject to obtaining the necessary planning consent.
Newport city centre is a major retail and commercial hub within South Wales, benefiting from strong footfall, established shopping streets, and major schemes such as Friars Walk. The area has seen significant regeneration and investment in recent years, supporting continued growth across the retail, leisure, and business sectors.
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
To be sold with vacant possession
Energy Performance Certificates
EPC 1Brochures
158 Commercial Street, Newport, NP20 1JQ
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 Station3.1 miles
Notes
Disclaimer - Property reference 325984. 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 Paul Fosh Commercial, South Wales. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Commercial, South Wales on 01633 603812.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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