* Leasehold
* Exceptional Investment/Development Opportunity In The Heart Of Newport City Centre
* Highly Desirable Pedestrianised Location Ideal For Commercial Or Residential Purposes
* Planning Permission Granted For The Conversion To HMO - 6 x 1 Double Bedroom With Ensuite Shower Rooms. See Plans - Ref. No: 22/0794
* Huge Potential & Strong Yields Available. Previously Utilised As Office Spaces & Still Has This Option.
* Excellent Transport Links To Bristol, Cardiff & Surrounding Areas Via The Nearby M4 Motorway & High Speed Main Central Train Station Just 1 Minute Walk Away
* Close To All Amenities, The Royal Gwent Hospital, Leisure Facilities & Bars/Restaurants/Shops & Cafes
* Vacant. No Chain. Leasehold - 125 years.
* *****watch the walk through video*****
***Exceptional Investment Opportunity***. Offered for sale as a Leasehold,
Vacant Building Ideal for Investors, Developers & Owner Occupiers is this
exceptional light filled & characterful premises made up of a private entrance
with spiral staircase & lift to the ground floor and stunning, large & well
presented spaces to the first floor. Benefitting from planning permission for
conversion into a 6 Bed HMO (6 x 1 double bedroom with ensuite shower rooms)
the property was previously utilised as high end office space and is set up to
resume this purpose straight away, further increasing its potential and
options for strong yield returns.
The property is located just 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. A 1 minute walk to the main central train station and short
drive to the M4 motorway giving excellent transport links to Cardiff, Bristol
& surrounding areas the property further boasts a high foot fall and very
close proximity to the Royal Gwent hospital, leisure facilities and all that
you'd expect from a city centre position.
*****Please Watch The Walk Through Video*****
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 - 22/0794.
Leasehold - 125 years. Service/Maintenance Charges £1045. 71 2023.

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