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Planning
Newport
Pederson Hotels has acquired a three-quarter acre site in Newport from Euro Commercials (South Wales) Ltd, where it is to build an ETAP budget hotel.
Demolition of the original 8,500 sq ft building in Malpas Road has already been completed and the site is being cleared for the construction of a 103 bed hotel with 107 car parking spaces.
Cooke & Arkwright negotiated the deal.