Crown Buildings Newport
Project Promoters
Newport City Council
Sector
Mixed Use – Offices, Residential, Hotel, Retail, Leisure
Investment Type
A development of 56 flats is planned with ground floor gym/commercial opportunities and a restaurant on the roof of the Fourth Floor. Investment potential for whole or part of the building
Location
Prominent position on Chepstow Road, Newport
Planning Status
There are two planning permissions currently in place:
Conversion of office building to 56 Flats, provision of roof-top garden and use of ground floor for ancillary gymnasium and storage area
Change of use from offices (b1 use) to hotel (c1 use) and fifth floor extension to create a restaurant
Share:
The core city centre retail offering is located approximately half a mile to the west of the property and the mainline railway station and bus terminal are both within easy walking distance – with regular services to Cardiff, London and the surrounding towns. The immediate locality comprises a mix of offices, retail and residential properties.
- 0.23ha
- Private sector owned
- A development of 56 flats (44 one bedrooms and 12 two bedrooms), located from floor 1 to floor 8 of the building
- There is planning permission for a restaurant on the roof of the Fourth Floor with access to this area from the Fifth Floor.
- The Ground Floor is for commercial use (i.e. A Gym, Storage Space, Coffee Shop, Office Space, and or retail units)
