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High Street, Newport Residential development for sale
High Street, Newport
£200,000
High Street, Newport
£200,000
Our Summary
- Red Dragon Estates are delighted to offer to the market this great *Investment Opportunity*
- Offered for sale as a Freehold, Vacant Building Ideal for Investors, Developers & Owner Occupiers is this exceptional 3 Storey premises made up of a split level retail area to the ground floor (formerly Toni & Guy hairdressers) and stunning, large, characterful spaces to the first and second floors benefitting from planning permission for conversion to 4 flats (2 x 1 bed & 2 studios)
- In need of development & upgrading but packed full of potential and potential high yields, the property is located just opposite from the newly refurbished & reopened Indoor Market in a highly desirable spot in High Street at the heart of Newport city centre
- Planning Application Number 17/0306
- Exceptional Investment/Development Opportunity
- In Need Of Development/Upgrading Throughout
- Planning Permission Granted For Conversion Of First & Second Floors
Description
Red Dragon Estates presents a unique investment opportunity in the heart of Newport city centre. This vacant building, previously a Toni & Guy hairdressers, offers a split-level retail area on the ground floor and spacious characterful spaces on the first and second floors. Planning permission has been granted to convert the property into four flats, two one-bedroom and two studio apartments. The property requires development and upgrading, but its potential for high yields and excellent transport links make it an attractive prospect. Located opposite the newly refurbished Indoor Market, it benefits from a high footfall and proximity to major outlets, including McDonald's, Greggs, and Tescos. With many possibilities and a rare opportunity, the agents strongly advise viewing to fully appreciate the property's potential.