2-4, Skinner Street, Newport
Newport, NP20 1GY

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Ben Davies

The Agent

Ben Davies
Associate

02920 346311
Huw Thomas

The Agent

Huw Thomas
Director

02920 346312
Brochure

Download the Brochure

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Specification

  • RETAIL
  • 936 sqft (87 sqm)
  • To let
  • £17,500 per Annum

Description

LOCATION:

The property is located in an edge of prime position on Skinner Street close to the busy pedestrianised crossroads where Skinner Street meets High Street, Commercial Street and Stow Hill. Other nearby occupiers include William Hill, Principality Building Society, Greggs, Vodafone, Phones 4 U and Starbucks.

DESCRIPTION:

The property is over ground and first floors direct from Skinner Street. The first floor could potentially be used for sales purposes.

TERMS:

The property is available on the basis of a new, effective full repairing and insuring lease for a term to be agreed with upwards only rent reviews at five yearly intervals.

Quoting rent £17,500 pax

RATEABLE VALUE:

The 2017 draft Rateable Value for the property is:

Rateable value £17,250
Rates payable £8,857.25

Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

VAT:

The property has been VAT elected and VAT will be payable on the rent.

ACCOMMODATION:

The property provides the following approximate areas and
dimensions:-

Gross frontage 12.17m 39 ft 11 ins
Net frontage 9.12m 29 ft 11 ins
Internal width 10.58m 34 ft 08 ins
Shop/built depth 9.67m 31 ft 09 ins
Ground floor sales 86.96 sq.m 936 sq ft
First floor 77.85 sq.m 838 sq ft
W/C

EPC:

95-D

LEGAL COSTS:

Each party to bear its own costs in this transaction.

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.