This property represents an intriguing investment or development opportunity in a vibrant city centre environment. The three-storey building boasts a distinctive character and is positioned in a highly trafficked pedestrian area. Currently, the ground floor functions as a split-level retail unit, previously occupied by Toni & Guy hairdressers, complemented by spacious first and second floors above.
Historically, the property was granted planning permission for residential conversion (under Application Ref: 17/0306 with Newport City Council), highlighting its potential for future development into residential units, although this consent has now lapsed. Reviving this approval could provide an enticing avenue for prospective investors.
Situated along High Street and directly opposite the newly renovated Newport Market, the property benefits from close proximity to well-known national retailers including McDonald's, Greggs, NatWest, Specsavers, Subway, Tesco, and HSBC.
The building requires comprehensive refurbishment throughout, making it an excellent value-add project for those looking to enhance its appeal and maximize its potential as a mixed-use asset.
