.......................................... specialising in commercial property since 1981

BANKSIDE, COVERACK ROAD, NEWPORT, NP19 0DS

4382C1 Resized

View across site towards City Centre

LOCATION

The site is located adjacent the George Street Bridge on the eastern bank of the River Usk in a mainly residential area close to local shops, school and other facilities. Newport City Centre is about half a mile distant. Newport Student Village and the University of South Wales City Campus are across the bridge.

PLANNING

Full Conditional Planning Consent has been granted by Newport City Council under Ref:09/1243 on 25 November 2013 for:

Demolition of existing industrial unit and estate yard and construction of 38 in No. one, two and three bedroom apartments and maisonettes in three/four storey structure with associated car and cycle parking.

A Section 106 Agreement was completed dated 25 November 2013, but has now lapsed.

The former industrial unit has been demolished.

Details of the consent and associated plans along with the Section 106 Agreement can be viewed on the Newport City Council website at www.newport.gov.uk

Newport City Council have indicated that they may consider a larger scheme.

4382C2 Resized

View from opposite bank

SERVICES

Mains electricity, gas, water and sewerage are connected to the site.

TERMS

For sale Freehold. Offers in the region of £1,500,000 [VAT is not currently charged]. 

LEGAL COSTS

Each party to bear their own legal costs.

Ref: 4382C

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