A closed Newport city centre pub in the heart of a traditional residential area of the city of Newport could re emerge as flats.
Previously a popular two bar pub The Angel, in the hip Baneswell district of the city , has been closed for a while. It has been listed for sale by Newport-based Paul Fosh Auctions with a guide price of £138,000-plus.
The once bustling pub, a haven for Newport’s writers, artists and professionals, is close to the city centre, the railway station and has good links to the M4.
Debra Bisley, of Paul Fosh Auctions, said: “Located in the Newport city centre, within walking distance of Newport train station and local bus routes, this property could make an ideal investment.
“Previously a public house, the property has recently been granted planning in principle for the creation of four flats.
“The planning application is comprised of two, one bedroom flats, a two bedroom flat and a studio apartment.
“Additionally, the current vendor has submitted a planning application for two, two bed flats and a commercial unit on the ground floor. The vendor has not yet advertised the property to let but has had interest from a local business wishing to let the commercial unit for £10,000 per annum. Further information can be found via Newport City Council Planning ref: 22/1027
“Subject to the relevant planning permission this property could provide opportunity for a restaurant, public house or retail unit.
The next Paul Fosh Auctions sale, starts at 12 noon on Tuesday, March 7 and ends from Thursday, March 9.
www.pauldfoshauctions.com