Lot 33 147/148 Commercial Street, Newport, NP20 1LN

Property Enquiries

Simon Bailey


Viewing/Registration Enquiries

BidX1 Support Team

+44 (0) 20 7703 4401

Vendor Solicitor

Natalie Bromley

+44 (0)161 934 6000

Property Summary
  • On the instructions of the LPA Receiver
  • Virtual freehold city centre retail premises
  • Pedestrianised retail thoroughfare
  • Approximately 420.13 sq m (4,522 sq ft)
  • Alternative use potential (subject to consents)
  • Vacant possession

Long leasehold for a term of 999 years from 25 March 2004 at a peppercorn ground rent


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 is 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 of the street in the pedestrianised zone near its junction with Llanarth Street. Nearby occupiers include Superdrug, TSB, Lloyds Bank, Greggs, Caffe Nero and Primark.


A mid terraced building of traditional construction arranged over ground and first floors. The ground floor provides retail accommodation with further retail and ancillary accommodation (including a staff kitchen) at first floor level. There is no access to the second floor, which has been voided. The building may lend itself to alternative uses, subject to obtaining the necessary consents.


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

Please refer to Legal Documents
Property Table
TOTAL420.13 sq m (4,522 sq ft)  
Retail/ancillary 233.01 sq m (2,508 sq ft)
Retail/ancillary 180.13 sq m (1,939 sq ft)
Voided (not inspected)

The floor areas exclude the second floor and have been provided by the vendor



Rating 78 Band D

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  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.
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