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39-40 Pyle St 6,833 sq ft Office Property Newport PO30 1XB £175,000 (£25.61/sq ft)
Investment Highlights
- Former social club in the heart of Newport and over looking St Thomas Square.
- No Vat on sale price.
- Potential to convert the property into alternative uses or a number of dwellings.
- Asset management potential in its current use.
- An approx. 6,833 sq ft (low capital value of £25.61 per a sq ft).
- Vacant.
Executive Summary
Lot 160 is available by way of Savills online auction 20th may 2026
A Grade II Listed former social club offering accommodation over 3 floors (majority of space is predominately over ground and first floors). The property is accessed via Pyle Street but benefits from delivery access to the rear via Town Lane. The property offers asset management in its current format or future development potential to convert to alternative uses or create multiple dwellings (subject to the requisite consents).
A Grade II Listed former social club offering accommodation over 3 floors (majority of space is predominately over ground and first floors). The property is accessed via Pyle Street but benefits from delivery access to the rear via Town Lane. The property offers asset management in its current format or future development potential to convert to alternative uses or create multiple dwellings (subject to the requisite consents).
Property Facts
Sale Type
Investment or Owner Occupier
Sale Condition
Auction Sale
Property Type
Office
Tenure
Freehold
Property Size
6,833 sq ft
Costar Property Class
C
Year Built
1970
Price
£175,000
Price per sq ft
£25.61
Tenancy
Single
Number of Floors
3
Typical Floor Size
2,270 sq ft
Plot ratio
0.98
Total Plot Size
0.16 ac
Amenities
- 24 Hour Access
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39-40 Pyle St
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