Formerly Jewson 79 Medina Av 15,760 SF Flex Building Newport PO30 1HG $1,601,623 ($101.63/SF)

A rare freehold opportunity to purchase this extensive site and buildings on the edge of Newport Town Centre.
Price guide – £1.2 million (Freehold).
Situated within easy reach of the main Town Centre, with various commercial users nearby including M&S, Matalan, Asda and the soon-to-be-commenced retail development of St. George’s Way. Medina Avenue otherwise is mainly made up of residential occupiers, and the expectation is that the site and buildings could either suit redevelopment or alternative commercial uses, subject to any necessary consents. Please note that use as a building trade outlet will be excluded, and the site is only available for sale due to the client’s relocation to their new central site off St. George’s Way.
Newport, being the County Town and administrative centre for the Island, is constantly busy and continues to expand both commercially and residentially.
The site, which is well-located as well to give good communications to the rest of the Island, has an area of some 1.21 acres (4,904m² / 52,800ft²) and includes three main existing buildings. Further information and details are as briefly outlined overleaf.
Accommodation: Comprising three main buildings, as follows:
Main Showroom: Of some 3,100ft² (288m²) sales, enjoying a wide display frontage and forecourt overlooking Medina Avenue. To the rear of the showroom are rear stores of some 1,980ft² (184m²) GIA, over which in part is a mezz-deck facility of some 1,470ft² (136.6m²), incorporating storage, staff and welfare facilities. Immediately adjoining is a warehouse facility, providing some 2,000ft² (185.8m²) GIA, with roller-shutter door. To the rear of the showroom and ancillary units is…
Detached Storage Building: Offering some 1,085ft² (101m²) GIA, with some internal lightweight mezz-deck facilities to provide a further 500ft² (46.45m²) GIA of additional storage. The building has two external overhangs with external storage beneath.
Also to the rear of the main showroom building are…
Two Adjoining Warehouse Facilities: Providing 1,655ft² (153.8m²) and 3,360ft² (312.15m²) GIA respectively. The smaller warehouse incorporates a lightweight mezzanine deck of some 1,110ft² (103.1m²) GIA for additional storage if required. The larger unit incorporates two raised loading bays.
External: The total site area is some 1.21 acres (4,904m²/52,800ft²), providing an extensive external storage area and a one way ‘in and out’ vehicle access arrangement at present. Apart from the built-over areas, the site enjoys the benefit of concrete coverage in the most part. A client-supplied site layout plan is attached, which is not to scale and is for identification purposes only.