City’s former Royal Mail pub could be a first class investment at auction

A former South Wales pub close to the heart of a south Wales city which once bustled with post office workers but was latterly shunted into the sidings, is up for auction.

The Royal Mail, in Mill Street, opposite  the mainline railway station in Newport, Gwent, was most recently converted to a coffee house. But although it  may have come to the end of the line as a pub it could well have a first class future.

Sean Roper, of Newport-based Paul Fosh Auctions, who are selling the property said: “The former public house is a substantial detached building that has in recent years been converted to provide an eight room House of Multiple Occupation(HMO).

“There is also a self-contained flat and the ground floor retail unit which most recently traded as a coffee shop. This space may well offer scope for alternative commercial uses or for change of use to residential, subject to necessary planning consents.

“The property is in a great location close to Newport city centre and just across the tracks from the railway station, which can be accessed by using a recently completed £10.5m footbridge linking Devon Place to Queensway, which has direct links to Cardiff and Bristol and London.

“The former pub is adjacent to a former Royal Mail building and latterly hi tech factory which has now  been converted into 55,000 sq ft modern office complex.”

Currently the HMO property offers an entrance, communal lounge with stairs to the first floor where there are the eight bedrooms and communal kitchen and bathrooms. There is a storage room, a rear yard and scope for parking

The Royal Mail pub, which is being offered at the next Paul Fosh Auctions online sale, which starts at 12 noon on Tuesday, January 30 and ends from 5pm on Thursday, February 1, has a guide price of  £330,000-plus.