Large freehold opportunity with scope for refurbishment and rental income.
Approximately 1,722 sq ft of internal commercial space
Freehold sale with large frontage on A3054, high visibility
Class E use; flexible commercial/business use permitted
Requires renovation and upgrading throughout; offered as seen
Rateable value £14,500; estimated rates ~£7,300pa (relief possible)
Rear courtyard and concrete frontage for loading or storage
Excellent mobile signal and fast broadband available
Public notice in place; offer received on adjoining address
A substantial freehold retail property on Fairlee Road, offering about 1,722 sq ft of street-facing commercial space and solid passing visibility on Newport’s main approach. The unit includes a large glazed retail area, rear staff rooms, stores, kitchen and a courtyard – useful for loading or external storage. Services are understood to be connected; mobile signal and broadband are strong for modern business needs.
Priced at £75,000 to reflect its condition, the building requires renovation and upgrading throughout. The property is offered as Class E (Commercial, Business & Service), giving flexibility for many commercial uses, but all fixtures and services have not been tested. The rateable value is £14,500 with estimated business rates around £7,300pa; small business rates relief may apply.
Important legal/commercial notes: a public notice exists and an offer has been received for the wider 76–78 address, so purchasers should be aware of ongoing interest. The location suits investors or operators seeking a visible, large-format unit with refurbishment potential in Newport’s principal town. The owner is selling the freehold; buyers should allow budget for refurbishment works and confirm utilities and VAT position.
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