MapRetail property (high street)
Retail property (high street)
3,969 sq ft / 369 sq m
Features and description
- Tenure: Freehold
- Mixed use investment opportunity
- Substantial Grade II listed building extending to 3,969 sq ft (369 sq m)
- Accommodation over three floors with garden area and large car park
- Popular town centre location overlooking St Nicholas Church
- Significant redevelopment potential as residential subject to planning permission
The property comprises an attractive Grade II Listed period building, which dates from the late 18th century. The main three-storey structure is of part rendered solid brickwork beneath a pitched tiled roof and retains a number of period character features to the front elevation, including glazed bar sash windows with painted stone sills and lintels, shell segmental heads and moulded stucco eaves. There is a two-storey section to the rear of similar construction, with a more modern flat roof extension beyond.
Internally, the ground floor accommodation has been split to provide two self- contained retail units known as 38A and 38B, each having a glazed shop frontage onto St Mary's Street.
To the rear is a larger commercial premises, which is currently arranged over three floors and has latterly been utilised as a day care centre and nursery. There are WC and kitchen facilities on each floor. Externally, there is an enclosed garden area to the rear of the building and a vehicular access via Water Lane And a generously sized car park.
The property itself occupies a mid-terraced position on St Mary's Street, situated just off the end of the High Street. The building falls within Newport Conservation Area and overlooks St Nicholas Church.
Newport is an attractive market town situated on the Shropshire/Staffordshire Border. The town is located approximately 6 miles north of the town of Telford, 12 miles west of the town of Stafford and 25 miles north east of the County Town of Shropshire. The town had a population of 11,387 at the 2011 census. The town lies approximately 9 miles from the M54, which provides access to the national road network.
20-Sep-2021
Internally, the ground floor accommodation has been split to provide two self- contained retail units known as 38A and 38B, each having a glazed shop frontage onto St Mary's Street.
To the rear is a larger commercial premises, which is currently arranged over three floors and has latterly been utilised as a day care centre and nursery. There are WC and kitchen facilities on each floor. Externally, there is an enclosed garden area to the rear of the building and a vehicular access via Water Lane And a generously sized car park.
The property itself occupies a mid-terraced position on St Mary's Street, situated just off the end of the High Street. The building falls within Newport Conservation Area and overlooks St Nicholas Church.
Newport is an attractive market town situated on the Shropshire/Staffordshire Border. The town is located approximately 6 miles north of the town of Telford, 12 miles west of the town of Stafford and 25 miles north east of the County Town of Shropshire. The town had a population of 11,387 at the 2011 census. The town lies approximately 9 miles from the M54, which provides access to the national road network.
20-Sep-2021
Property information from this agent
About this agent
Halls - Commercial Property
Halls Holdings House, Bowmen Way, Battlefield
Shrewsbury, Shropshire
SY4 3DR
01743 534860Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.