108-109 Commercial Street, Newport, NP20 1LW

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Simon Bailey

+44 (0) 20 3929 8403

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Garry Abrams

0151 236 5000




Property Summary
  • Freehold public house investment
  • Substantial corner building arranged over four floors plus basement
  • Future development potential (subject to planning)
  • Currently producing £110,767 per annum



Newport is the third largest city in Wales and lies about 13 miles east of Cardiff and 30 miles north west of Bristol. The town lies to the south of the M4 motorway, from which it can be accessed via junctions 24, 25 and 25A via the B4237, B4596 and A4042. Newport railway station provides regional rail services as well as direct links to London Paddington.

Commercial Street in one of the principal shopping thoroughfares in the city centre offering a wide selection of shopping outlets as well as cafes, bars and restaurants. The property lies on the west side the street at its junction with Palmyra Place.


A substantial corner double fronted building of traditional construction arranged over basement, ground and three upper floors. The building is currently arranged as a ground floor public house with ancillary accommodation at first floor level. The first and second floors are currently sealed off but may offer development potential, subject to obtaining the necessary consents. Externally there is a rear patio area and there is also a telecomms mast situated on the building.


Newport City Council (01633 656656) www.newport.gov.uk

Please refer to Legal Documents
Property Table
FloorAccommodationTenancyRent £pa



Part first, second & third floor


532.32 sq m (5,730 sq ft)

352.56 sq m (3,795 sq ft)

Not currently accessible

136.66 sq m (1,471 sq ft)

Let to the Victoria Garry Group t/a The Tom Toya Lewis for a term of 10 years from 01/03/2018 (1)£100,000
Telecomms mast Let to Hutchinson Three G Ltd for a term of 20 years from 01/07/2002£10,767
TOTAL  £110,767

(1) The Victoria Garry Group is an experienced pub operator which currently trades from 12 other establishments. There is a personal guarantor to the lease (refer to legal pack).


Refer to the legal pack

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,000 (inclusive of VAT) charged by BidX1. In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount of £4,500 from all bidders. This participation amount is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,500 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee of £1,000 inc. VAT payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the seller.