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Prominent Redevelopment Opportunity, 115 Nash Road, Newport, NP19 4RN

0.64 acres / Land

For Sale - £400,000.00

Available - Last updated: 29 November 2018

The site occupies a prominent roadside position fronting onto the roundabout junction of Nash Road and the Southern Distributor Road. The site is currently occupied by two detached, two storey buildings formerly utilised as a bakery. However, they are no longer capable of beneficial occupation and are likely to require demolition. The site provides a highly prominent location and would suit development that would benefit from such.

Location

The City of Newport is located in a prime strategic location close to the border of England and Wales. It benefits from excellent access to the M4 motorway and wider motorway network and provides regular train services to London Paddington. The City has an immediate population of approximately 137,000. Newport will host the Ryder Cup in 2010 and this has led to many improvements being carried out to the City in preparation.
 
The property is located on the junction of Nash Road and the Southern Distributor Road. Access to the M4 Motorway at Junction 28 is approximately 1.7 miles away. Newport City Centre is approximately 3 miles away. The area provides a mix of residential and retail occupiers including Aldi, Dunelm Mill, and Car Craft. Newport Retail Park, Newport International Sports Village and Nash College are all in close proximity.

Accommodation

The site measures 0.64 acres (0.26 ha) and has redevelopment potential.

Terms

PLANNING
We are of the opinion that the site could be suitable for a variety of different uses, subject to the necessary planning consent being obtained. We recommend that interested parties make their own enquiries to the local planning authority.
 
TENURE
The freehold interest in the property is available to purchase. We are quoting £400,000.

Specification

  • Prominent Redevelopment Opportunity
  • Approximately 0.64 acres (0.26 ha)
  • Suitable for a Variety of Uses
  • Excellent Transport Links
  • Rare Freehold Opportunity
  • Quoting £400,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £400,000.00 NA

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Dan Smith

M4 Property Consultants

01633 383032



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