Terraced house for sale

31 Commercial Street, Newport, Gwent NP20

For sale by online auction - Lot 42 - Commercial Investment Opportunity
Bidding opens: 11/11/2025 12:00
Auction scheduled to end: 13/11/2025 18:16

online auction from 11th November - 13th November 2025

A mid terraced commercial building that is trading as an Italian restaurant and has approximately 2,025 sq ft of accommodation over two floors. The restaurant is let on a 10 year lease and has been refitted by the current tenant.

Newport city centre is a mixed-use area focused on shopping, leisure, and business, with major indoor complexes like Friars Walk and the Kingsway Shopping Centre, surrounded by pedestrianized shopping streets & The city has seen significant investment, transforming it from traditional industries into a hub for tech and digital sectors.

The property occupies 100% prime position in the pedestrianised main retailing area. The adjacent occupier is the Co-op Bank. Other occupiers in close proximity include Boots, Waterstones, Poundland, Sports Direct, Burger King, WHSmith and Iceland. The property benefits from being located between Llanarth Street and Austin Friars. These streets link the new Friars Walk shopping centre with Commercial Street and the city centre. Newport railway station is a short walk away

AccommodationFloorArea Sq FtArea Sq MGround Floor86680.41Ancillary10810.04Basement60456.10Total1,578146.60

Tenure:
Advised Leasehold - to be verified by solicitor (999 year lease)

Tenancies:
Tenancies sold subject to a 10 year lease let at £12,000 per annum