UNIT 15, MAESGLAS INDUSTRIAL ESTATE, GREENWICH ROAD, NEWPORT, NP20 2NN

TO LET

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Size: 2,140 sqft (198.81 sq m)

Price: £14,000 per annum (Excl.)


TO LET

INDUSTRIAL

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Key features

  • Modern trade counter / industrial unit
  • Open plan warehouse
  • Roller shutter door access to front forecourt
  • First floor office accommodation
  • Kitchenette and WC facilities
  • Easily accessible from J28 of the M4 motorway
  • Established trade / industrial estate - occupiers include Screwfix, Howdens and Plumbase
  • Estate located directly opposite the popular 28 East Retail Park

MODERN TRADE COUNTER / INDUSTRIAL UNIT AVAILABLE OCT 2020

Description

Maesglas Industrial Estate is a prime trade / commercial location in Newport.  The Estate comprises a total of 27 units consisting of detached and terraces of units set within a landscaped site.  It benefits from out-of-hours manned security and several on-site communal car parks.  The Estate has attracted numerous national occupiers including Screwfix, Howdens, Plumbase and Royal Mail.

Unit 15 is a mid-terrace unit of steel portal frame construction with brick elevations under an insulated pitched roof.  The unit benefits from a shared front forecourt for loading / parking.

Location

Maesglas Industrial Estate is located approximately 1.5 miles South of Newport City Centre.  The estate is easily accessible via the Southern Distributor Road (A48), a dual carriageway, which connects J24 and J28 of the M4 motorway. The estate is accessed via Docks Way and is situated directly opposite the popular 28 East Retail Park. Occupiers in the retail park include Halfords, B&M, KFC and Topps Tiles.

Accommodation

Gross internal area         2,140 sq ft (198.81 sq m)

Tenure and terms

Unit 15 is available on a new Full Repairing and Insuring Lease for a term of years to be agreed. The unit is available individually or combined with Unit 14 (Total - 4,280 sq ft).

Rent / Price

£14,000 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £11,000 (2017 List). The current Uniform Business Rate Multiplier for Wales is 53.5 pence for the period 1st April 2020 to 31 March 2021. This equates to Business Rates payable of £5,885 per annum. We understand that the unit currently qualifies for a small element of small business rates relief. Please contact Newport County Borough Council for further details.

Estate service charge / building insurance

An estate service charge is levied for the maintenance of the common areas. Each unit contributes a fair proportion of the overall service charge - the current annual budget for Unit 15 is £2,100 (Excl.). The Landlord insures the building and recovers the annual premium from the Tenant - premium to be confirmed subject to proposed use.

Legal costs

Each party will be responsible for their own legal costs.

Energy Performance Certificate

E - 115. Certificate available upon request.

Further information

For additional information or to arrange a viewing please contact Jenkins Best on 02920 340033 or joint agents, Sutton Consulting.
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Jenkins Best for themselves and for the vendor/lessor of this property whose agents they are give notice that:

  1. These particulars do not constitute any part of an offer or contract.
  2. All statements contained in these particulars are made without responsibility on the part of Jenkins Best for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact.
  3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
  4. The vendor/lessor does not make or give and neither Jenkins Best nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services.
  5. All terms quoted exclusive of VAT unless otherwise stated.
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