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1-3 Grafton Rd 1,770 sq ft Retail Property Newport NP19 0AS £250,000 (£141.24/sq ft)
Investment Highlights
- Excellent connectivity
- Prominent corner position
- Close proximity to local amenities
Executive Summary
Freehold, subject to the internally repairing and insuring leases (IRI), inclusive of service charge which will be in place from completion. Potential for conversion back to 2no. houses or other uses (STP). Unconditional best and final bids are to be sent in writing via email to by no later than midday Thursday 12th March 2026.
The subject property comprises a substantial two storey building occupying a prominent corner position on the corner of Grafton Road and Corporation Road. The property originally comprised two houses which have been subject to a large ground floor extension and have been used as a Funeral Directors and a self-contained first floor flat for (at least) the last 60 years. There is off-road parking and a single garage to the side. There is a walled forecourt to the front and small enclosed yard to the rear.
The subject property comprises a substantial two storey building occupying a prominent corner position on the corner of Grafton Road and Corporation Road. The property originally comprised two houses which have been subject to a large ground floor extension and have been used as a Funeral Directors and a self-contained first floor flat for (at least) the last 60 years. There is off-road parking and a single garage to the side. There is a walled forecourt to the front and small enclosed yard to the rear.
Property Facts
Sale Type
Investment or Owner Occupier
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Funeral Directors
Property Size
1,770 sq ft
Costar Property Class
B
Year Built
1927
Price
£250,000
Price per sq ft
£141.24
Tenancy
Single
Number of Floors
2
Parking
3 Spaces (0.58 Spaces per 1,000 sq ft Leased)
Amenities
- 24 Hour Access
- Bus Route
- Security System
- Air Conditioning
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Nearby Major Retailers
1 of 4
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1-3 Grafton Rd
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