UNIT 8 EVTOL TRADING ESTATE, FREDERICK STREET, NEWPORT, NP20 2DR

TO LET

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Size: 1,016 sqft (94.39 sq m)

Price: £7,000 per annum (Exclusive).


TO LET

INDUSTRIAL

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Key features

  • Established trade location
  • Close proximity to Newport City Centre, Usk Way and SDR
  • Trade / Business Unit with ground floor storage and first floor office and WC
  • Available by way of a New Lease
  • Unit currently qualifies for 100% small business rates relief

Mid-Terrace Industrial / Warehouse Unit

Description

Unit 8 forms part of Evtol Trading Estate which comprises 13 units with communal yard area and on site car parking. There are two points of vehicle access on to the estate from Frederick Street and Broad Street enabling good circulation. The two storey units provide storage and trade counter space on ground floor level with offices at first floor level. Each unit benefits from a metal roller shutter door for vehicular access and also a separate staff/customer entrance.

 

Location

Evtol Trading Estate is located less than 0.5 miles south of Newport City Centre. The Estate is situated in an established business and trade location just off Usk Way.

Accommodation

Ground floor Warehouse / Storage area = 719 sq ft (66.81 sq m) First Floor Office = 297 sq ft (27.63 sq m) Total = 1,016 sq ft (94.44 sq m) Minimum eaves height = 2.9 metres, maximum eaves height = 5.15 metres Single level roller shutter door, height 2.48 metres, width 2.72 metres

Tenure and terms

Unit 8 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.

Rent / Price

£7,000 per annum (Exclusive) VAT payable in addition.

Rateable value

RV £5,700 (2017 List) Multiplier 53.5 pence (2021/22) Unit currently qualifies for 100% small business rates relief - please contact Newport County Council for additional information

Estate service charge / building insurance

Each unit contributes towards the estate service charge for the maintenance and upkeep of the common areas = Unit 8 contribution approximately £500 per annum (Excl.) The Landlord insures the building and recovers the annual premium from the Tenant = amount to be confirmed.

Legal costs

Each party responsible for their own legal and professional fees.

Further information

For additional information or to arrange a viewing please contact the sole agents = Jenkins Best 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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