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High Street, Newport, South Wales, NP20 - Image 1
High Street, Newport, South Wales, NP20 - Image 2
High Street, Newport, South Wales, NP20 - Image 3
High Street, Newport, South Wales, NP20 - Image 4
High Street, Newport, South Wales, NP20 - Image 5

High Street, Newport, South Wales, NP20

Wales

£230,000
Listed on 20/02/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a versatile opportunity situated in the heart of Central Newport, one of Wales' fastest-growing cities. The establishment features a ground floor bar area that offers a welcoming space for patrons, complemented by an additional bar/restaurant on the first floor, making it suitable for various dining and entertainment concepts. A notable aspect of this listing is the catering kitchen located on the second floor, which is currently in need of refurbishment. This renovation potential allows for customization to meet modern standards and operational needs, enabling future owners or investors to tailor the space to their vision. Additionally, a dumbwaiter facilitates efficient service between floors, enhancing operational flow. Newport enjoys strong transport connections via the M4 motorway, with multiple access points catering to both local and regional traffic. The property's proximity to Cardiff adds to its appeal as it draws visitors from the capital city. The vibrant city center is also home to numerous amenities and attractions, including The Celtic Manor Resort, known for its prestigious golf courses and conference facilities. Historically known by several names—including 'Bar Amber' and 'Brown Sugar'—this property has been a staple in the community. Its location on a pedestrianized section of High Street ensures visibility and foot traffic, essential for any hospitality venture. Furthermore, the external paved seating area provides an inviting outdoor space that can enhance customer experiences. This property is available through favorable leasing options or as freehold, presenting an attractive investment opportunity. With some strategic renovations, there is significant potential for increased revenue generation in this thriving urban environment. Whether you're looking to revitalize an established venue or create something new entirely, this property invites creativity and entrepreneurial spirit.

Investment Analysis

(NP20 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£228
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NP20)

Area prices are stable by +0.9% over the last 12 months
3 year growth: 7.0%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on NP20 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

High Street, Newport, South Wales, NP20
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£843
Based on a loan of £172,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE