NP20 12-14 Cambrian Road, Newport

A mid terraced four storey building of traditional construction arranged over basement, ground and two upper floors. The ground floor is arranged as retail space with the basement providing ancillary storage accommodation and WCs. Both floors are currently let to Tesco Stores Ltd and total approximately 509.56 sq m (5,485 sq ft). The first and second floors were converted in 2017 to provide 6x modern one bedroom self-contained fully fitted flats totalling approximately 646.77 sq m (6,962 sq ft).

Newport is the third largest city in Wales lying approximately 12 miles north east of Cardiff and 30 miles north west of Bristol. It can be accessed via the A48, A4810, A402 and A4051, all of which provide direct access to the M4 motorway to the north, which can be accessed via junctions 23a to 26. Newport Central railway station provides regional and national rail services including regular direct services to London Paddington, with a journey time in the order of 1hr 40 minutes.

Cambrian Road is one of the main pedestrianised shopping thoroughfares in the city centre. The property lies on its east side opposite the Cambrian Centre, which has recently undergone a large scale re-development, with Admiral Insurance being an anchor tenant in the scheme. The building is situated on the main pedestrian thoroughfare from the city centre to Newport Central railway station, which is less than a two minute walk away. Other notable occupiers in the area include NatWest, McDonalds, Wetherspoons, Greggs and HSBC. The property is in the centre of the townnns retailing core and benefits from excellent visibility from those leaving or going to the station.