UNIT 18 NEWPORT BUSINESS CENTRE, CORPORATION ROAD, NEWPORT, NP19 4RF

TO LET

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Size: 2,314 sqft (214.98 sq m)

Price: £15,000 per annum (Excl.)


TO LET

INDUSTRIAL

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Key features

  • Well located trade / warehouse unit
  • Excellent road links - close proximity to Newport SDR and M4 Motorway
  • Severn Bridge Tolls now abolished
  • 1 No. level loading door
  • Estate benefits from CCTV and 24 hour access
  • Unit currently benefits from an element of small business rates relief

Well located light industrial / warehouse unit

Description

Mid-terraced light industrial / warehouse currently benefitting from an element of small business rates relief.

Location

Newport Business Centre is an established industrial and distribution estate located approximately 1.5 miles to the south east of the city centre of Newport. Corporation Road links to the Newport southern distributor road providing excellent road links to the M4 via junctions 24 to the east and 28 to the west. The estate is in close proximity also to ABP Port of Newport and Newport Retail Park.

Accommodation

  • 2,314 sq ft (214.97 sq m). Gross Internal Area
  • Truss roof construction - minimum eaves height 4.5 metres
  • 1 No. Level roller shutter door, width 4.2 metres, height 4.2 metres
  • WC facility
  • Estate benefits from CCTV and 24 hour access
  • Unit currently qualifies for an element of small business rates relief (16.6%)

Tenure and terms

Unit 18 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.

Rent / Price

£15,000 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £11,000 (2023) List, Current Multiplier 53.5pence, rates payable £5,885 per annum* Currently qualifies for an element of small business rates relief (16.6%) contact Newport Council for additional information.

Estate service charge / building insurance

An estate service charge is levied to cover the cost of the maintenance and upkeep of the common parts of the estate. The current annual estate maintenance charge applicable for Unit 18 is £1,645 per annum. Year ending March 2025. VAT payable in addition. The Landlord insures the Building (not contents) the current annual premium is £634 per annum (Excl.)

Legal costs

Each party responsible for their own legal and professional costs.

Energy Performance Certificate

D-85

Further information

Please contact joint agents Jenkins Best 02920 34 00 33 or Knight Frank / Cooke & Arkwright.
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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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