UNIT 24, NEWPORT BUSINESS CENTRE, CORPORATION ROAD, NEWPORT, NP19 4RF

TO LET

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Size: 1,557 sqft (144.65 sq m)

Price: £11,678 per annum (Excl.)


TO LET

INDUSTRIAL

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Key features

  • Established industrial and distribution location
  • Close proximity to Newport southern distributor road and M4 Motorway
  • Modern light industrial / warehouse unit
  • Steel portal frame construction - minimum eaves height 6.1 m, maximum eaves height 7.25 m (apex 7.9m)
  • New full repairing and insuring Lease available
  • Unit currently qualifies for an element of small business rates relief

Well located modern light industrial unit - currently qualifies for an element of small business rates relief

Description

Unit 24 Newport Business Centre is a well located light industrial / warehouse unit - available by way of a new full repairing and insuring Lease for a term of years to be agreed.

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

Unit 24 is a mid-terraced light industrial /warehouse Gross Internal Area 1,557 sq ft (144.6 sq m) Minimum eaves height 6.1 metres, maximum eaves height 7.25 metres (apex 7.9m) Single roller shutter door (electric) width 4.1 metres, height 4.9 metres WC facility Large external loading / circulation area

Tenure and terms

Unit 24 is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.

Rent / Price

£11,678 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £8,200 (2017 List) Multiplier 53.5 pence (2022/23). Rates payable £4,387 per annum* *Unit currently qualifies for an element of small business rates relief (50 to 66.6%) Please contact Newport County Council for additional information.

Estate service charge / building insurance

An estate service charge will be levied to cover the cost of the maintenance and upkeep of the common parts of the estate. Current budget figure £585. Further details on application.  VAT payable in addition. The Landlord insures the building and recovers the annual premium from the Tenant - premium to be confirmed subject to proposed use. Current annual budget premium figure £350.

Legal costs

Each party responsible for their own legal costs.

Energy Performance Certificate

D-93. Copy available on request.

Further information

For additional information or to arrange a viewing please contact Jenkins Best 02920 340033 or Joint Agents - Cooke & Arkwright / Knight Frank
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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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