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Town Centre Office Building with Parking

Newport, PO30 - Get Access

Description

Located in the heart of the centre of the County town of Newport, with the very rare benefit of off-road parking for several cars, this two-storey building was originally constructed as a chapel but has more recently been used as offices. The property, which extends to over 3,500 sq.ft. (325 sq.m), is offered for sale with vacant possession having previously been in use as offices. It is considered that the property may suit continued use as offices, perhaps as a multi-let business centre. Alternatively, there is the option to explore the possibility to convert to provide residential accommodation, subject to all necessary consents being obtainable. Accommodation comprises open plan office accommodation across both floors, with partitioning providing a variety of different sized rooms, and W.Cs on both floors. The current tenant has access to their portion of the building via a separate rear access.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area: 3,500 sq ft (Listing)

This versatile two-storey commercial building in central Newport was valued by examining local commercial capital values per square foot. The property is currently in fair, functional condition with dated commercial finishes across its 3,500 sq ft floor area. Adjustments were applied for the rare off-road parking, conversion potential, and necessary cosmetic updates.

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