175 Commercial Street, Newport
Newport, NP20 1JN

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Ben Davies

The Agent

Ben Davies
Associate Director

02920 346311

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Particulars

Specification

  • RETAIL
  • 957 sqft (89 sqm)
  • To let
  • £25,000 per annum

Location

The property is located in a prime position on the pedestrianised Commercial Street, close to one of the entrances to Friars Walk Shopping Centre. Occupiers in the nearby vicinity are Sports Direct, Card Factory, Barclays Bank and The Works.

Description

The premises comprises two storeys over ground and first floor. Access is provided directly from Commercial Street. The ground floor is well configured. Access to the rear is provided via Stow Hill.

Terms

The property is available to let on the basis of a new lease via effective full repairing and insuring terms.

Planning

We understand that the property benefits from A1 use however other uses will be considered subject to the tenant obtaining all necessary planning consents.

Business Rates

£8,025 per annum. Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

Cooke & Arkwright 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 Cooke & Arkwright 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 Cooke & Arkwright 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. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

The Leekes Retail and Leisure Group have substantial property assets within the group and have engaged Andrew West to appeal against rating assessments on these properties since 2010. We have consistently been impressed by Andrew's knowledge of the property market and his negotiating skills have been exceptional. Given Andrew's outstanding performance, we would not hesitate to recommend Andrew to any business large or small seeking to appeal their rates liabilities.

Mike Fowler, Group Finance Director, Leekes Group