UNIT 4, STEPHENSON STREET, NEWPORT, NP19 4XB

TO LET

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Size: 8,982 sqft (834.45 sq m)

Price: £45,000 per annum (Excl.)


TO LET

INDUSTRIAL

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Key features

  • Established industrial / distribution location
  • Excellent road links - close proximity to Newport Southern Distributor Road and M4 Motorway
  • Modern light industrial / distribution unit
  • Refurbished accommodation
  • Minimum eaves height 6.1 metres
  • Maximum eaves height 7.32 metres

Description

Well located distribution / warehouse / light industrial unit  in close proximity to the M4 Motorway.  Unit 4 is available by way of a new Lease for a Term of years to be agreed.

Location

Stephenson Street 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

Modern mid-terrace distribution / light industrial / warehouse unit - refurbishment recently completed. Minimum eaves height 6.1 metres, maximum eaves height 7.32 metres. 1 No. level loading door (electric) width 4.4 metres, height 4.95 metres. WC facility. Gross Internal Area 8,982 sq ft (834.45 sq m). Large external loading / circulation area.

Tenure and terms

Unit 4 Stephenson Street is available to let by way of a new Full Repairing and Insuring Lease for a Term of years to be agreed.

Rent / Price

£45,000 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £29,250 (2017 List). Rates payable £15,648.75 (Multiplier 53.5p 2020/21]) Please contact Newport County Council for additional information.

Estate service charge / building insurance

Please note that an Estate Service Charge is applicable for the maintenance of the common areas of the Estate. The estimated annual contribution for Unit 4 is £2,850 (Excl.) Building Insurance - the Landlord insures the building and recovers the premium from the Tenant - Premium determined by use - current estimate for annual premium = £1,229 (Excl.).

Legal costs

Each party to bear their own legal and professional costs.

Energy Performance Certificate

EPC Rating C-66

Further information

For further information or to arrange a viewing please contact Jenkins Best on 02920 34 00 33.
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Location

Other resources

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EPC

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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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