Lot -
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12 - 14 Cambrian Road, Newport, NP20 4AB

United Kingdom
Mixed Use

*GUIDE PRICE £1,100,000 +

Bidding deposit £19,000 *fully refundable if unsuccessful bidder

Extension period added...

Auction Date 17 February
Closing Time 11:00:00 (GMT)

Available viewing

Please contact us to enquire about arranging a viewing.
+44 (0) 20 7703 4401

Property Summary

  • Town centre Tesco Store
  • X6 modern self-contained flats
  • Freehold and fully let 
  • Suits investor
  • Currently producing £116,735 per annum

Contact Us

Mat Harris
Mat Harris
Property Agent, here to help.

Contact Us

Mat Harris
Mat Harris
Property Agent, here to help.




Property description

A mid terraced four storey property and basement. The ground floor and basement consists of about 509.57 sq m (5,485 sq ft) of retail space occupied by Tesco's. The first and second floors were converted in 2017 to 6 X 1 bedroom modern self-contained fully fitted flats.


Newport is a city and county borough in Wales, situated on the River Usk close to its confluence with the Severn Estuary, 12 miles north east of Cardiff. Newport is the third-largest authority with city status in Wales. The City also benefits from excellent communication links with access from junctions 24-28 of the M4 Motorway as well as a direct main line inter-city train service to London Paddington, with a journey time in the order of 1hr 40 minutes. 

The property is situated in a prominent pedestrianised position on Cambrian Road opposite the Cambrian Centre, which has undergone a large scale re development by Scarborough, with Admiral Insurance an anchor tenant in the scheme. The Tesco store is situated on the main thoroughfare from Newport Central Train Station, only 1 minute walk away. Other key occupiers in the area include Natwest Bank, McDonalds, Weatherspoons and HSBC. The property is in the centre of the town’s retailing core and benefits from excellent visibility from those leaving or going to the station. 


Please refer to Legal Documents


Tesco Stores Limited (Company Number: 519500) is a wholly owned subsidiary of Tesco PLC which was founded in 1919. It has become the UK’s largest retailer and the third largest grocery retailer in the world operating 7,000 outlets nationwide with almost 275,000 employees and an annual turnover of £42 billion. Tesco stores Limited as at 23 Feb 2019 reported an annual turnover of £42,219,000,000, a pre-tax profit of £737,000,000 and shareholders funds of £5,623,000,000.

Additional Detail

AddressTenantFloorUseSq MSq FtLeaseRent £ pa
TOTAL   1,156.3612,447 £116,735
14 Cambrian RoadTesco Stores LimitedBasement
15 years from 11/07/2008£75,035.60
12 Cambrian RoadX6 individualsFirst (3 flats)
Second (3 flats)
X6 AST's - refer to the legal pack£41,700

Measurements provided by the vendor. Bidx1 have not inspected the property.


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

*Terms & 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 £1,250 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). 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 from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,750 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee 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. All lots sold “Subject to Vendor Confirmation” will be subject to the acceptance and confirmation by the Vendor. The highest bid will be presented to Vendor, the vendor will have to either accept, decline or make a counter offer the highest bid within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising the offer the Vendor is willing to accept. The Highest Bidder will have to either accept or reject the Vendor’s counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. 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.
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