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1-3 Grafton Rd 1,770 SF Retail Building Newport NP19 0AS $465,688 CAD ($263.10 CAD/SF)
Investment Highlights
- Excellent connectivity
- Prominent corner position
- Close proximity to local amenities
Executive Summary
Freehold, subject to the internally repairing and insuring leases (IRI), inclusive of service charge which will be in place from completion. Potential for conversion back to 2no. houses or other uses (STP). Unconditional best and final bids are to be sent in writing via email to by no later than midday Thursday 12th March 2026.
The subject property comprises a substantial two storey building occupying a prominent corner position on the corner of Grafton Road and Corporation Road. The property originally comprised two houses which have been subject to a large ground floor extension and have been used as a Funeral Directors and a self-contained first floor flat for (at least) the last 60 years. There is off-road parking and a single garage to the side. There is a walled forecourt to the front and small enclosed yard to the rear.
The subject property comprises a substantial two storey building occupying a prominent corner position on the corner of Grafton Road and Corporation Road. The property originally comprised two houses which have been subject to a large ground floor extension and have been used as a Funeral Directors and a self-contained first floor flat for (at least) the last 60 years. There is off-road parking and a single garage to the side. There is a walled forecourt to the front and small enclosed yard to the rear.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Funeral Home
Building Size
1,770 SF
Building Class
B
Year Built
1927
Price
$465,688 CAD
Price Per SF
$263.10 CAD
Tenancy
Single
Building Height
2 Stories
Parking
3 Spaces (0.58 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Security System
- Air Conditioning
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Nearby Major Retailers
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1-3 Grafton Rd
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