Commercial Property with Planning for Auction Newport PO30

A three-storey freehold building. Formerly a larger commercial unit the property has been delisted for business rating purposes and the ground floor space has been converted to provide two smaller shops to meet with modern shopping trends. Both units are offered in shell state ready for a final fit out prior to occupation. Separate pedestrian access has been created to the upper floors and planning consent has been obtained and commenced for conversion with a larger two-bedroom flat on the first floor and two smaller one-bedroom units on the second floor with the top floor flats each having a small roof terrace garden. Once the conversion works are completed, it is considered that the building is likely to provide a significant rent roll when fully occupied.