For Sale By Auction - High Street, Newport

This vacant freehold property presents a remarkable opportunity for investors and developers, featuring three storeys of versatile space. The ground floor boasts a split-level retail area that was previously home to Toni & Guy hairdressers, providing an excellent foundation for various commercial ventures. The first and second floors contain expansive rooms with character, previously granted planning permission for conversion into four flats (two one-bedroom units and two studios), highlighting the property's residential potential. Located in the heart of Newport city centre, directly across from the newly renovated Indoor Market, this property benefits from high foot traffic and proximity to key transport links including the central train station and M4 motorway, facilitating easy access to Cardiff, Bristol, and surrounding areas. The presence of popular outlets nearby enhances its attractiveness for both retail and residential purposes. This is a unique chance to capitalize on a well-situated property that requires development but offers significant upside through renovation.