12th - 15th March 2024, Stand R9.K, Palais des Festivals, Cannes

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

Crown Building is situated in the centre of Newport. The property occupies a prominent position on Chepstow Road on the convergence with Corporation Road, Church Road, Clarence Place and East Usk Road. 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.

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