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MapGuide price
£99,000Retail property (high street) for sale
158 Commercial Street, Newport, NP20 1JQ
Auction
Retail property (high street)
Features and description
- Advised Freehold - to be verified by solicitor
- To be sold with vacant possession
FOR SALE BY AUCTION - -Lot 84 - Prime Commercial Investment
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
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
About this agent
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.