Unit 15 Newport Business Centre, Corporation Road, Newport
Newport, NP19 4RF

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Rhys Price

The Agent

Rhys Price
Associate

02920 346374
Max Wood

The Agent

Max Wood
Surveyor

02920 346336

Specification

  • INDUSTRIAL, RETAIL
  • 7,021 sqft (652 sqm)
  • Under Offer
  • £40,500 per annum

Location

Newport Business Centre is an established industrial and distribution estate located approximately 1.5 miles to the south east of the City Centre of Newport. Corporation Road links to the Newport southern distributor road providing excellent road links to the M4 via junctions 24 to the east and 28 to the west. The Estate is in close proximity also to ABP Port of Newport and Newport Retail Park.

Description

The unit is a well located light industrial unit located on Newport Business Centre providing occupiers with a well-located unit, 24-hour access, CCTV surveillance and a minimum internal height of 4.5 metres. The unit is accessed via 2 level roller shutter doors 4.2m in height and 4.3 in width.

The specification includes;

Level roller shutter door
24-hour access
CCTV surveillance
Excellent road links to M4
The Estate is in close proximity also to ABP Port of Newport and Newport Retail Park

The specification includes;

  • Well located industrial / warehouse unit - to be refurbished
  • Excellent road links - close proximity to Newport SDR and M4 Motorway
  • End of terrace unit
  • Minimum eaves height 4.5 metres
  • 2 No. level loading doors (width 3m x height 3m) (width 4.3m x height 4.4m)

Viewings

For further information or to arrange a viewing please contact Rhys Price (02920 346374). Or Joint Agents, Jenkins Best or Knight Frank

Terms

Unit 15 is available by way of new Full Repairing and Insuring Lease for a long term of years to be agreed.

Business Rates

£18,265 per annum

Service Charge

£5,003 per sqft. he Landlord insures the Building (not contents) the current annual premium is £1,930 Excl.

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 disposal of 120,000 square feet on the Heads of the Valleys Industrial Estate was a particularly satisfying task. The building had been rebuilt following fire damage, and Jeremy Symons and his team were successful in identifying a nearby purchaser looking to expand. The sale price, at £4,000,000, represented a record sale price for a property of this nature in the area, and with great tenacity and endeavour was completed in a timely fashion. An excellent result.

Richard Hayward, Richard Hayward Properties