Unit 1, 389-413 Malpas Road, Newport, Newport
Newport, NP20 6WB

  • map
Ben Davies

The Agent

Ben Davies
Associate

02920 346311
Ryan Pratt

The Agent

Ryan Pratt
Associate Director

02920 346306
Brochure

Download the Brochure

Download

Specification

  • RETAIL
  • 3,025 sqft (281 sqm)
  • To let
  • POA

Description

The purpose built shopping parade is located approximately 1 mile north of the M4 accessed directly from the north bound A4042 with Cwmbran being approximately 4 miles to the north and Newport City Centre being approximately 2 miles to the south.

The immediate area is densely populated and occupiers also on the shopping parade include Tesco Express, Subway, Greggs, Ladbrokes, Barnardo’s and Dominos.

DESCRIPTION

The property comprises ground floor sales with excellent access for deliveries at the rear of the premises.  There are 67 shared car parking spaces on site, a large proportion of which surround Unit 1.

TERMS

Subject to vacant possession, the unit is available on the basis of a new lease for a term to be agreed with five yearly upward only rent reviews.

Quoting rent - Upon Application

SERVICE CHARGE

A service charge is applicable.  Details available upon request.

RATEABLE VALUE

The 2017 Rateable Value for the property is:

Rateable value £46,750
Rates payable £24,591

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

VAT

VAT will be payable to the rent.

ACCOMMODATION

The property provides the following approximate areas and dimensions:-

Ground floor sales   3,025 sq.ft.  281 sq.m

PLANNING

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

EPC RATING

The property has an EPC rating of C/65.

LEGAL COSTS

Each party to be responsible for their own legal costs on 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.