Bidding opens Monday 16th March 2026 at Midday and closes Wednesday 18th March 2026 at Midday.Mixed Use Investment / Development OpportunityAn opportunity to acquire a three-storey, characterful building situated in a prime pedestrianised city centre location. The property comprises a split-level ground floor retail unit (formerly Toni & Guy hairdressers) with large first and second floors. Historically the property was granted planning permission for residential conversion under Application Ref: 17/0306 (Newport City Council). This consent has now lapsed, however the previous approval demonstrates the potential for future residential use, subject to obtaining the necessary consents. Located on High Street, opposite the recently refurbished Newport Market, the property benefits from its proximity to national occupiers including McDonald’s, Greggs, NatWest, Specsavers, Subway, Tesco and HSBC. The property is in need of refurbishment and upgrading throughout, presenting a clear value-add and redevelopment opportunity. Ground Floor Split level with mezzanine floor. and W.C.First Floor Three rooms and a W.C.Second Floor Four rooms.Viewings Via Auction House Wales 01633 212555.Tenure: FreeholdEPC Rating: E
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Property Category
Commercial
Rightmove Property Type
Commercial Property - Commercial Property
Agent
Cardiff
Additional Fees
Buyer's Premium - £600 inc VAT payable on exchange of contracts.
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.