Fear Capital Investments
Mixed Use – Offices, Residential, Hotel, Retail, Leisure
Shaftesbury Street, Newport
This brownfield regeneration site is located within the urban area, as defined in the adopted Local Development Plan and City Centre Master Plan, where a range of uses are permitted
New development opportunities are available in the City of Newport, and we are keen to use our expertise in assisting new partners with ideas and vision to create further wealth and prosperity for the area. A key freehold strategic development site is situated in Shaftesbury Street – home of a former Sainsbury’s supermarket. It totals 6.65 acres (2.69 hectares), and occupies a highly prominent position at the entry to Newport, on the northern edge of the City Centre.
The site benefits from being in close proximity to Newport mainline railway station, (a four minute walk), and the University of South Wales city campus. It also enjoys excellent road connections with the M4 motorway (junction 26) – approximately one mile to the north.
The former use of the site was as a large superstore and associated car parking. The current owners have demolished the old buildings and structures and have levelled the site ready for development. Subject to planning, this could include a multitude of uses, such as hotel, leisure and residential, etc.
With an open outlook over the river Usk, towards the city centre, the site had previous consent for a dense mixed-use project, which included: