Description

The site is located off junction 25A of the M4, where the A4042 takes you into central Newport. The site extends to approximately 2.338 ac (0.946 ha). Potential for a number of different uses, including: storage, trade counter, hotel or retail.

Location

Newport is situated in the south-eastern part of Wales, near the border with England. It is located on the banks of the River Usk, which flows into the Bristol Channel. The city is approximately 12 miles northeast of Cardiff, the capital of Wales. The site is located to the south of the Sainsbury’s Newport car park at Albany Street, Newport. The area consists of a mix of commercial, industrial and residential properties. The site itself is currently used for customer car parking for the Sainsbury’s. Albany Street, Newport is located just off junction 25A of the M4, one of the UK’s major motorways. This network provides access to South Wales, London and the South East of England. Newport railway station is located within the city centre, connecting it to other major cities in Wales and England.

Key Points: Parking & Opening hours

• Exciting long leasehold development land opportunity
• Land adjacent to Sainsbury’s Supermarket and Albany Industrial Estate
• Varied development potential for a number of different including uses storage, trade counter, hotel or retail.
• 2.338 acres (0.946 ha)
• Unconditional Offers Invited
• Stores are unaffected

External Website Links

Tenure Information

Long Lease / Freehold

Planning

Use Class: B8

Rating Assessment

Rateable Year: details on request
Rateable Value: details on request
Rates Payable: details on request

Viewing

All interested parties should inform Avison Young of when they are looking to attend site so that onsite security are aware.

Legal Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

VAT

VAT will applicable in respect of the sale of the property.

Contacts

Dan Kent

E: dan.kent@avisonyoung.com M: 07711 420 604D: 0203 976 5296

Rob Fraser

E: rob.fraser@avisonyoung.com D: 0203 196 2203M: 07894 605 513

Rian Dunne

E: rian.dunne@avisonyoung.com M: 07780209737

Downloads

Location Map