Property, Professionally

  • Whitchurch Road,
  • Cardiff, CF14

Clarence Place,

Newport, , NP19 0AH

Commercial Property 9 Bedroom(s) 3 Bathroom(s) 2 Reception(s) 0 Garage(s)

Property Description

Situated close to Newport town centre. Newport is now considered an up and coming property investment hotspot due to Newport councils development plan as well as the planned withdrawal of River Severn crossing tolls.

The Property:

Currently a pair of period 3 storey mid terrace mixed use commercial freehold properties with A3 (Licensed Restaurant) consents with residential over. The business’ now closed due to ill health but still currently fully fitted and suitable/ licensed to trade the vendors have successfully applied to add value by gaining permission to convert the upper floors to a fully licensed 9 bedroom HMO whilst amalgamating the ground floor restaurants to create one larger single restaurant unit.

Plans:

Current and approved plans available on request. Viewing by appointment only. Please contact Sole agent PM Premier 029 2002 0880

Mix use investment / redevelopment opportunity. Planning approved for 9 bedroom HMO, Newport south Wales.

 

Quick Summary

Property Id 8602432
Price £500,000.00
Local Authority
Bedrooms 9
Bathrooms 3
Receptions 2
Gardens 0
Garages 0

Features

  • Planning Approved
  • 9 bed HMO
  • 2 commercial Units
  • Fully equiped commercial kitchens in both
  • One kitchen is brand new
  • Business recently closed due to ill health
  • Positive growth in Newport expected
  • Constant supply of tenants
  • Strong yield expected
  • Fully rennovated customer toilets

Property Map

Contact Agent


Andrew Gregory

Contact Andrew Gregory today to discuss this property.

Phone: 029 2002 0880
Email Address: Andrew.gregory@pmpremier.co.uk

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