A powerful three storey, semi-detached constructing of brick and stone within the historic docks space near the centre of Newport appears set for a brand new life as flats.
Most just lately used as places of work the historic constructing of 75/76 Decrease Dock Avenue, near the George Avenue Bridge, with planning permission for conversion to flats, has been offered by Newport-based Paul Fosh Auctions.
Listed with a minimal opening bid information worth of £185,000 the spectacular property offered to a neighborhood investor for £220,000.
Debra Bisley, of Newport-based Paul Fosh Auctions, stated:
“The property has most just lately been used as workplace area however now advantages from planning consent for the creation of twelve flats. It’s my understanding that the brand new proprietor intends to activate the present planning permission and convert this wonderful outdated constructing into residential flats.
“Nearly all of the property includes open area which has been stripped again prepared for growth. At present positioned on the bottom flooring of the property is a storage area with inspection pit. The property could subsequently be appropriate for various use, topic to the related consents.
“It’s inside strolling distance of Newport metropolis centre and is inside simple attain of the Friars Stroll growth and the just lately rejuvenated Newport market. The property, near the award-winning Hatti restaurant, is ideally located inside a ten minute stroll from Newport bus station, and a 20 minute stroll from Newport practice station.”
Planning has been granted for first and second flooring rear extension, alterations to entrance elevation and new roof to create twelve flats. For additional data contact Newport Metropolis Council, planning reference 19/0095.
The subsequent Paul Fosh Auctions on-line public sale begins at 12 midday on Tuesday, January 31, 2023 and ends from 5pm on Thursday, February 2.
