Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

49-52 Pyle St 59,652 SF 100% Leased Retail Building Newport PO30 1XB $234,918 ($3.94/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

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

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
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
59,652 SF
Building Class
B
Year Built
1990
Price
$234,918
Price Per SF
$3.94
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.35
Lot Size
1.01 AC
Frontage
219’ on Pyle Street

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • M Smith-Morris t/a House of Luxe
  • -
  • 652 SF
  • -
  • Sep 2025
  • -
  • 10,054 SF
  • -
  • Aug 2032

Mountain Warehouse love the outdoors and they know what it takes to keep you warm and dry whatever the conditions. They've been developing outdoor clothing and equipment for all the family since 1997. They carry a curated selection of products from 3rd party brands but most of the products you'll find at Mountain Warehouse are designed and produced in-house, and exclusively for them, so that they can offer you quality products at great prices across the range. They have stores around the globe including Europe, the United States, Canada and New Zealand. They have a growing family of over 5 million customers.

  • -
  • 31,873 SF
  • -
  • Jul 2031

TK Maxx is a United Kingdom-based off-price retailer specialising in branded apparel, accessories, footwear, and homewares. The business was founded in 1994 with the opening of its first UK store in Bristol, introducing the off-price retail model to the UK and Ireland. The brand operates as part of TJX Europe, which is wholly owned by The TJX Companies, a publicly traded U.S. retail group listed on the New York Stock Exchange under the ticker symbol TJX. TK Maxx sources branded and designer merchandise from a wide network of manufacturers and suppliers, offering products at discounted prices compared with recommended retail pricing. Over time, the company expanded beyond clothing into home-related categories and launched e-commerce operations in the UK in 2009. The company’s UK headquarters is based in Watford, Hertfordshire, where corporate, merchandising, property, and operational functions are managed. TK Maxx operates as a privately held entity in the UK through its European holding structure, while its ultimate parent, The TJX Companies, reports consolidated financial results at group level.

Tenant Industry SF Occupied Rent/SF Lease End
M Smith-Morris t/a House of Luxe - 652 SF - Sep 2025
- 10,054 SF - Aug 2032
- 31,873 SF - Jul 2031

Nearby Major Retailers

Snap Fitness 24/7
Costa Coffee
Tesco
Lidl
the food WAREHOUSE
Iceland
Barclays Bank
Santander
National Westminster Bank Plc
Lloyds Bank
  • Listing ID: 39355174

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 49-52 Pyle St, Newport PO30 1XB

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}