UNIT 107 CLEARWATER ROAD, QUEENSWAY MEADOWS INDUSTRIAL ESTATE, NEWPORT, NP19 4ST

TO LET

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Size: 2,520 sqft (234.12 sq m)

Price: £18,300 per annum (Excl.)


TO LET

INDUSTRIAL

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Key features

  • Established trade counter, distribution and industrial location
  • Excellent road links - close proximity to Newport SDR providing easy access to the City Centre and the M4
  • Mid - terrace unit with forecourt loading/ parking
  • Up and over sectional door and separate pedestrian access
  • Minimum eaves height 4.8 metres
  • Open plan workshop / warehouse accommodation
  • Integral 2 storey office block comprising offices and WC facilities
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MODERN MID TERRACE TRADE COUNTER / INDUSTRIAL / WAREHOUSE UNIT

Description

Unit  107 is a mid terrace trade counter / industrial / warehouse unit situated on the established Queensway Meadows Industrial Estate.  The unit is of steel frame construction with open plan warehouse/ production area. Integral two storey offices.

Location

Queensway Meadows is one of the principal established industrial estates within Newport, approximately 3 miles to the south-east of the town centre and 15 miles to the east of Cardiff. With ready access to both Junctions 24 and 28 of the M4 motorway. The estate is located in close proximity to the Southern Distributor Road (SDR) which provides direct access to Junction to Junction 24 of the M4. The eastern side of Newport is well positioned to serve the wider regional and national markets with the interchange of the M4 and M5 less than 25 minutes drive time. The abolition of the Severn Bridge tolls and improvement in road links via the SDR has increased the popularity of the location for distribution / warehousing. The Port of Newport (ABP) is less than 2 miles away and amenities for the workforce and visitors are within walking distance (Newport Retail Park).

Accommodation

Gross Internal Area - 2,520 sq ft (234.1 sq m) Two storey internal office block incorporating ground floor w.c. facilities Up and over loading door -  Width 3.7m  Height 3.5m Minimum eaves height :  4.8m   Maximum eaves height: 6.64m

Tenure and terms

Unit 107 is available by way of a new full repairing and insuring Lease for a term of years to be agreed .

Rent / Price

£18,300 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £10,000 (2017 List). Multiplier 53.5 pence (2020/21). Business Rates payable £8,200.

* The unit qualifies for an element of Small Business Rates relief . Please contact Newport County Council for additional information / confirmation.

Estate service charge / building insurance

The current annual budget contribution for the estate maintenance / common areas upkeep applicable to Unit 107 is £1,760 per annum (Excl.) The Landlord insures the building and recovers the annual premium from the occupier - premium is dependent on Tenant's proposed use. Budget figure £550. Tenant are responsible for their own contents / business insurance.

Legal costs

Each party responsible for their own legal and professional costs.

Energy Performance Certificate

Rating C-75. Certificate available upon request.

Further information

For additional information or to arrange a viewing please contact Jenkins Best on 02920 340033.
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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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