logo
St Edward Street Newport could become HMO for four tenants

St Edward Street Newport could become HMO for four tenants

The property, located at 26 Saint Edward Street, has been earmarked for conversion from a standard residential dwelling to an HMO by Mr Williams of Wilmont Assets Ltd.
The two-storey terraced house, which features a rear garden, is near Newport city centre, the train station, and on bus routes.
The proposed change of use does not include any external modifications.
Inside, the ground floor will house a single bedroom, a communal living area, and a kitchen, while the first floor will accommodate three bedrooms and a bathroom.
The application was submitted following pre-application advice, which flagged no significant objections in principle.
However, additional requirements were put forward, such as more detailed floor plans, a parking survey, and plans for cycle and waste storage.
Other requirements included a biodiversity enhancement plan and a sustainability test.
The proposal is said to align with several planning policies, including those in the Newport Local Development Plan, particularly policies relating to sustainability, amenity, highways, HMOs, and parking.
A key policy consideration is the 15 per cent HMO density threshold within a 50m radius, which the proposal adheres to, according to the council's 2016 HMO supplementary planning guidance.
The property's character and appearance will remain unchanged due to the absence of any external alterations.
The proposal is expected to have minimal impact on neighbour amenity, with no anticipated increase in noise or disturbance.
Despite the lack of off-street parking, the property's proximity to amenities and public transport mitigate the lack of on-site parking. A parking survey also indicated sufficient on-street parking availability.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

St Edward Street Newport could become HMO for four tenants
St Edward Street Newport could become HMO for four tenants

South Wales Argus

time2 days ago

  • South Wales Argus

St Edward Street Newport could become HMO for four tenants

The property, located at 26 Saint Edward Street, has been earmarked for conversion from a standard residential dwelling to an HMO by Mr Williams of Wilmont Assets Ltd. The two-storey terraced house, which features a rear garden, is near Newport city centre, the train station, and on bus routes. The proposed change of use does not include any external modifications. Inside, the ground floor will house a single bedroom, a communal living area, and a kitchen, while the first floor will accommodate three bedrooms and a bathroom. The application was submitted following pre-application advice, which flagged no significant objections in principle. However, additional requirements were put forward, such as more detailed floor plans, a parking survey, and plans for cycle and waste storage. Other requirements included a biodiversity enhancement plan and a sustainability test. The proposal is said to align with several planning policies, including those in the Newport Local Development Plan, particularly policies relating to sustainability, amenity, highways, HMOs, and parking. A key policy consideration is the 15 per cent HMO density threshold within a 50m radius, which the proposal adheres to, according to the council's 2016 HMO supplementary planning guidance. The property's character and appearance will remain unchanged due to the absence of any external alterations. The proposal is expected to have minimal impact on neighbour amenity, with no anticipated increase in noise or disturbance. Despite the lack of off-street parking, the property's proximity to amenities and public transport mitigate the lack of on-site parking. A parking survey also indicated sufficient on-street parking availability.

Gordon Brothers snaps up Poundland, to inject 80 million pounds into turnaround
Gordon Brothers snaps up Poundland, to inject 80 million pounds into turnaround

Fashion United

time3 days ago

  • Fashion United

Gordon Brothers snaps up Poundland, to inject 80 million pounds into turnaround

Restructuring and investment firm Gordon Brothers has emerged as the buyer of Poundland. As a result, the British budget retailer will receive an 80 million pound financing boost to back a 'Proposed Restructuring', agreed on by all three parties, including former owner Pepco Group. Details on this plan are expected to be shared by Poundland in 'due course'. In a press release, Gordon Brothers said the financing would be used to support Poundland's 'go-forward strategy', currently led by managing director Barry Williams. In a statement, Williams welcomed Gordron Brothers as Poundland focuses on returning the business to 'its core heritage category strengths'. He continued: 'We look forward to working with our supplier base to ensure we continue providing exceptional value to budget-conscious consumers in the UK." Williams, who returned to the MD role earlier this year, will continue to lead the business under its new ownership. Pepco is anticipated to obtain a minority investment interest in Poundland, subject to the proposed restructuring of the retailer, which has been sanctioned by the High Court in England. Gordon Brothers will, in its place, obtain the ownership of all Poundland stores, its 16,000 colleagues, assets and liabilities. Court-sanctioned proposed restructuring to take effect In a separate press release, Pepco, which also owns European discount chain Dealz, said the sale reflected its own 'strategy to simplify the group's structure and drive shareholder value', as the retailer had been weighing on its financials over the past year. Pepco said the transaction will improve group revenue growth, profitability and margins. In the latest financial year, Poundland had contributed 33 percent to Pepco's revenues, yet just 5 percent of its EBITDA. The shares in Poundland have been sold to Golden Brothers for 'nominal consideration', while Pepco's secured loan of 30 million pounds and other unsecured loans remain in place between the company and Poundland. An overdraft of up to 30 million pounds is to further be put in place between the two counterparts upon completion of a proposed restructuring, supporting the transaction. Gordon Brothers has been involved in the turnaround or restructuring of a number of fashion brands, including Laura Ashley, Orsay and Bench. The firm provides both short- and long-term capital to those undergoing transformation, while further providing expertise to management teams leading such strategies. At Poundland, which currently operates around 800 stores in the UK, business had remained challenging into the first quarter of the current financial year, according to Pepco CEO, Stephan Borchert. As such, the group lowered its EBITDA forecast for the chain from 50 to 70 million euros to around 0 to 20 million euros. Pepco cited difficult trading conditions that were further exacerbated by the sales of old stock and product availability issues as core causes.

Iconic US homeware brand is finally coming to UK and fans are 'screaming'
Iconic US homeware brand is finally coming to UK and fans are 'screaming'

Metro

time6 days ago

  • Metro

Iconic US homeware brand is finally coming to UK and fans are 'screaming'

It's been 25 years since The One with the Apothecary Table first aired on our TV screens and Rachel filled Phoebe's apartment with Pottery Barn purchases. Friends might not be going any longer, but there's one thing that has remained constant in all that time – our desire to shop at the iconic homeware store and possibly own an apothecary table of our own. And it seems our wish might finally be able to come true, as it's been announced that Pottery Barn is coming to the UK. However, there is a bit of a catch… The American home furnishing brand, owned by Williams-Sonoma, has been a staple in the US since 1949 and is going to be making its UK debut in Autumn 2025. You can access completely fee-free mortgage advice with London & Country (L&C) Mortgages, a partner of Metro. Customers benefit from: – Award winning service from the UK's leading mortgage broker – Expert advisors on hand 7 days a week – Access to 1000s of mortgage deals from across the market Unlike many mortgage brokers, L&C won't charge you a fee for their advice. Find out how much you could borrow online Mortgage service provided by London & Country Mortgages (L&C), which is authorised and regulated by the Financial Conduct Authority (registered number: 143002). The FCA does not regulate most Buy to Let mortgages. Your home or property may be repossessed if you do not keep up repayments on your mortgage. However, at present, no physical stores are set to open over here, just a UK website and it won't stock the full range of products available in America. Instead, it will offer a curated selection of Pottery Barn furniture, bedding, lighting and home accessories. Pottery Barn's complimentary design services will also be available to customers looking for personalised interior design assistance. This will be the first time the brand has expanded into the UK market and is said to mark an 'exciting new chapter' for the retailer. Speaking about the UK launch, Williams-Sonoma, Inc, President & CEO, Laura Alber, said: 'We are committed to long-term growth and expanding the reach of our brands where we see meaningful market opportunity. 'We believe great design and quality craftsmanship have universal appeal and we look forward to bringing Pottery Barn's signature aesthetic to the UK.' And Pottery Barn President, Monica Bhargava, added: 'Our curated assortment for the UK market celebrates Pottery Barn's commitment to helping customers inspire great style for spaces small and large that are beautiful and functional. 'Whether furnishing a new flat, refreshing a family home, or entertaining with family and friends or thoughtful gifting, we are proud to be providing the UK market with thoughtfully designed pieces that meet the needs of modern living.' As well as Pottery Barn, Williams-Sonoma Inc also owns West Elm, another homeware brand which has two stores in London, as well as Pottery Barn Kids which sells baby furniture, bedding and gifts for kids and is available online and through John Lewis. Many people are already thrilled about the Pottery Barn announcement, with TikTok users hailing it as 'the best news' and a 'dream come true'. Many were also quick to make the same joke, with @_tearsofdough saying: 'Omg I'm going to have my Phoebe and Ross moment from Friends!' More Trending Similarly, @ch3rish commented: 'Can't wait to be Rachel and Ross.' As @bullen_boi posted: 'I want the apothecary table from yesteryear' and @marinpari wrote: 'All the way from White Plains, New York? Do they still do apothecary tables?' Others claimed their credit card was 'screaming' over this and that they couldn't wait to check out the Halloween and Christmas items. @lh._.13 posted: 'You're telling me I might actually be able to get Pottery Barn Christmas decor this year!!' And @thedisneychristmas added: 'No stop it, this is a dream come true for us Christmas girlies.' Do you have a story to share? Get in touch by emailing MetroLifestyleTeam@ MORE: Inside Jamie Laing and Sophie Habboo's huge new family home with renovation hiccups MORE: Teenager dies after inhaling cleaning product in social media 'dusting' challenge MORE: Why legendary Friends star decided to quit Hollywood for unexpected career change

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store