Not the place for old wine! (7)

I believe the answer is:

newport

I'm a little stuck... Click here to teach me more about this clue!

'not the place' is the definition.
I can't tell whether this definition defines the answer.

'old wine' is the wordplay.
'old' becomes 'new' (I am not sure about this - if you are sure you should believe this answer much more).
'wine' becomes 'port' (port is a kind of wine).
'new'+'port'='NEWPORT'

'for' acts as a link.

Can you help me to learn more?

(Other definitions for newport that I've seen before include "City of southeast Wales" , "Welsh town" , "- - , IOW or RI" , "Major IOW town" , "There's one in Mayo, Wales and New England" .)

I've seen this clue in the Evening Standard.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.