Retail in Newent available for sale
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Retail Properties for Sale near the Newent, UK

Explore the Latest Newent Retail Properties for Sale

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

More details for 3-5 Broad St, Newent - Retail for Sale

3-5 Broad St

Newent, GL18 1AQ

  • Retail for Sale
  • £620,000
  • 821 sq ft
  • Security System

Newent Retail for Sale

We are instructed to seek offers in the region of £620,000 for the freehold interest in the property, subject to the tenancies outlined in the schedule. A purchase at this level would reflect a gross yield of 9.55% or net initial yield of 9.10% after purchaser’s costs of 4.81%. The property is a Grade II Listed building dating from the 17th Century with later additions. It has brick elevations with ashlar render under a tiled roof. It has recently been refurbished to a high standard throughout and a range of original features have been retained such as exposed beams, original panelling and sash windows. It has been fully re-wired, and a new gas heating system has been installed. There is a self-contained retail unit in the ground and first floor of No. 3, and a 6-bedroom HMO occupies the remainder of the accommodation. The HMO accommodation includes 6 fully furnished double bedrooms, 2 with en-suite facilities and separate office/dressing area, a fully fitted kitchen with range of Neff appliances, separate dining/utility area and communal lounge. There is also a downstairs toilet and family sized bathroom with 3-piece suite with electric shower over the bath. The furniture is HMO-specific supplied by Fusion Furniture. The retail unit benefits from a fully glazed frontage and includes ancillary space at first floor level. Ashton & Daniels have been established for over 40 years and trade from 3 locations in the Forest of Dean area. They contribute £400 per annum towards the upkeep and maintenance of the communal areas.

Contact:

ASH & CO

Property Subtype:

Shopfront Retail / Residential

Date on Market:

06/11/2024

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Retail Properties for Sale Within 10 miles of the Newent, UK

More details for 6-10 Longsmith St, Gloucester - Retail for Sale

6-10 Longsmith St

Gloucester, GL1 2HH

  • Retail for Sale
  • £425,000
  • 849 sq ft
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More details for The Slad, Newnham - Retail for Sale

The Slad

Newnham, GL14 1JX

  • Retail for Sale
  • £430,000
  • 2,377 sq ft
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FAQs about Retail property for sale in Newent

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in Newent?
There are currently 2 Retail Properties available for sale near Newent. These Newent Retail Property listings have an average size of 821 sq ft. The largest available listing in Newent is 821 sq ft. The thriving commercial centre and excellent transport links in Newent make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Newent?
The average price/SF for Retail Property for sale in Newent is about £329. The cost per sq ft for Retail Property in Newent ranges from £91 to £566, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Newent?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £91 to £566 per square foot. While the average net initial yield for Retail Properties is 3.60%.
What is the largest Retail Property available for sale in Newent?
Currently, the largest Retail Property available to buy is 821 sq ft and the smallest is 820 sq ft. The average size of Retail Property available for sale in Newent is approximately 821 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Newent, UK

With 2 retail units currently available for sale in Newent, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Newent, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Newent, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Newent can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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