No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers in region of£450,000
Added > 14 days

Residential development for sale

Commercial Street, Newport
Chain-free
Save
Residential development
16 bed
0 bath

Property description & features

  • Exceptional Investment/Development Opportunity. Very Large Characterful Buildings. Mixed Use
  • City Centre Location. Highly Desirable & Pedestrianised Ideal For Retail, Office & Residential Uses
  • Planning Permission For The Conversion Of Upper Floor Into 13 Flats. See Plans. Reference 22/0542
  • Excellent Transport Links To Bristol, Cardiff & Surrounding Areas. Rail & Motorway Networks.
  • In Need Of Full Development/Upgrading Throughout. Possible Council Grants Offered.
  • Vacant. *NO CHAIN* Freehold.
*Investment Opportunity*. Offered for sale as a Freehold, Vacant Building Ideal for Investors, Developers & Owner Occupiers is this exceptional 4 Storey premises made up of two retail areas to the ground floor and stunning, large, characterful spaces to the first, second & further floors benefitting from planning permission for conversion to 13 flats (10 x 1 bed & 4 x 2 beds). In need of development & upgrading but packed full of potential and possible exceptional returns, the property is located a short walk from the newly refurbished & reopened Indoor Market, directly opposite the Friars Walk shopping mall in a highly desirable location on one of Newports busiest streets in the heart of the 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, Costa, Natwest, Specsavers, Next, Tescos & H&M 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, exceptional property has to offer. Planning Application Reference - 22/0542.

Tenure: Freehold

Places of interest

    Red Dragon Estates is an Independent Estate, Letting and Property Management Agency, based on Bridge Street in Newport City Centre. With over 30 years in the property Industry, we recognise that the quality of service is essential to success! Red Dragon Estates always strives to ensure that the needs of our Clients come first and our friendly and professional team are always on hand to help. We don’t believe everything new is good and so we embrace the latest technology and invest heavily in other forms of advertising to ensure maximum results for our Clients. We also pride ourselves on to the traditional way we do business and this is what sets us apart from our competitors. 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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    Property reference 12014117. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Red Dragon Estates - Newport.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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