Unit 22, Newport Business Centre, Corporation Road, Newport
Newport , NP19 4RF

  • map
Rhys Price

The Agent

Rhys Price
Associate

02920 346374
Ben Bolton

The Agent

Ben Bolton
Director

02920 346376

Additional Downloads

EPC Certificate

Specification

  • INDUSTRIAL
  • 1,540 sqft (143 sqm)
  • Under Offer
  • £10,000 per Annum

Description

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 mid terrace light industrial unit measures 1,540 sq.ft and is accessed via a single roller shutter (4.2 metres, height 4.2 metres) and includes a WC and mezzanine. A minimum eave height of 6.1m metres rising to 7.25m. There is a generous loading and circulation area to the front of the property.

AVAILABILITY
Total GIA 1,540 sq ft (143.07 sq m)

TERMS
Unit 22 is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.

RENT
£10,000 per annum (Excl.) VAT payable in addition.

RATES
Rateable Value £8,200 (2018 List) Multiplier 53.5 pence (2021/22)
Rates payable £4,387 per annum

Contact Newport County Council for additional information.

SERVICE CHARGE
An estate service charge is levied to cover the cost of the maintenance and upkeep of the common parts of the estate. Circa. £0.29p psf plus VAT.

BUILDING INSURANCE
Building Insurance Premium details on request.

LEGAL COSTS
Each party responsible for their own legal and professional costs.

ENERGY PERFORMANCE CERTIFICATE
EPC Rating D-81, a copy is available on request.

FURTHER INFORMATION
For further information or to arrange a viewing please contact Rhys Price - 02920 346374

Or Joint Agents

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.

Mansford has expanded its investment portfolio over the last few years. Over this time Andrew West has provided us with a full rating valuation service which has involved giving a view on liabilities prior to acquisitions, as well as conducting negotiations with Valuation Officers on our UK estate. The portfolio includes a wide range of properties from shops, offices and pubs to major leisure schemes. He has been particularly successful in mitigating our liabilities to empty property rate, which has been an issue on acquisition prior to implementing our development and letting strategy. I have no hesitation in recommending Andrew's expertise in rating valuation for all property types. The profile of property within his portfolio and the successes achieved are testament to his position as an extremely accomplished rating practitioner.

Leopold Hall, Partner, Mansford LLP