MapOffers in region of
£450,000Residential development for sale
Commercial Street, Newport
Chain-free
Residential development
16 beds
Features and description
- 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
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
About this agent
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.