WEST WAY ROAD, PORT OF NEWPORT, NEWPORT, NP20 2WD

TO LET

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Size: 49,871 sqft (4,633.17 sq m)

Price: £400,000 per annum (Exclusive)


TO LET

INDUSTRIAL

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Key features

  • Strategic South Wales location
  • Located within Associated British Ports - Port of Newport
  • Dockside Access / Facilities available
  • Excellent Road Links via Newport Southern Distributor Road and M4 Motorway
  • Located within Port Estate - via manned Security Gate / Entrance
  • 24 Hour access / operation
  • 2 Warehouse units totalling 49,871 sq ft on a surfaced site of 5.91 acres
  • New Lease available - for a Term of Years to be agreed

Preliminary Details = 2 No. detached warehouse units on 5.91 acres

Description

Well located self-contained distribution facility within the Port of Newport, South Wales. Excellent road links via the Newport Southern Distributor Road and the M4 Motorway. Available Q3 2023 - subject to refurbishment

Location

The property is strategically located at Port of Newport, directly accessed via road from the Newport Southern Distributor Road. The SDR provides an excellent link to the M4 Motorway at Junctions (28) West and (24) East. The Port also benefits from rail and sea access making this a strategic multi-modal transport location.

Accommodation

The premises comprise two detached warehouse units totalling 4,633 sq m (49,871 sq ft), on a self-contained site for 2.39 ha (5.91 acres). Specification of the warehousing includes a minimum eaves height ranges from 6.5m to 10m. The site itself is fully self-contained with fencing to the perimeter and a large surfaced yard area. Warehouse 1 (Roadside) = 1,752.94 sq m (18,869 sq ft) Min. eaves 6.6m max. eaves 10m Warehouse 2 = 2,880.16 sq m (31,002 sq ft) Min. eaves 7.5m max.eaves 12m

Tenure and terms

The property is available by way of a new Lease for a term of years to be agreed.

Rent / Price

£400,000 per annum (Excl.) VAT applicable.

Rateable value

The property is currently included within the overall port rating assessment - the unit would be subject to re-assessment - rateable value to be confirmed.

Estate service charge / building insurance

Each occupier contributes towards the cost of maintaining the common areas of the Port Estate. Estate Service Charge contribution to be confirmed.

Legal costs

Each party responsible for their own legal costs.

Energy Performance Certificate

TBC

Further information

For additional information or to arrange a viewing please contact the joint agents - Jenkins Best or Cushman & Wakefield  
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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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