Unit 3, Phoenix Business Park, Newport, Newport
Newport, NP19 0LW

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Rhys Price

The Agent

Rhys Price
Associate

02920 346374
Ben Bolton

The Agent

Ben Bolton
Director

02920 346376

Specification

  • INDUSTRIAL
  • 5,145 sqft (478 sqm)
  • Under Offer
  • £30,500 per Annum

Description

LOCATION
The unit is located at Phoenix Business Park, an industrial trade and distribution estate in close proximity to Corporation Road, Newport.  The location provides easy access to the City Centre and has excellent transport links, being close to the Southern Distributor Road, which leases to the M4 motorway at J24 and J28.

DESCRIPTION
The unit is a modern steel portal frame construction, comprising blockwork and metal cladding together with a metal profile sheet roof and a solid concrete floor.

The front of the unit comprises cladding and glazing.  A pedestrian entrance leads to a reception, ground floor offices and welfare facilities.  Parking is demised to the front of the unit.

The warehouse has a minimum eaves height of 4.7m rising to 6.18m at the highest point.  Access is via single loading door the rear of the unit measuring 3.1m wide and 2.95m high.

AVAILABILITY
The unit provides a GIA 5,145 sq.ft (478.03 sq.m) which comprises the following:-

Offices & Welfare- 1,370 sq.ft (127.30 sq.m)
Warehouse - 3,775 sq.ft (350.70 sq.m)

TERMS
The unit is available on a new lease with terms to be agreed.

RENT
£30,500 plus VAT per annum

RATES
Rateable Value £20,447
Rates Payable £10,939 per annum

Interested parties are asked to verify this information by contacting the local authority.

SERVICE CHARGE
The annual Service Charge for the current year (April 2021 to March 2022) equates to 50.7p per sq.ft.

MAINS SERVICES
The unit is served by a 3-phase electricity with a local gas supply available on site.

VAT will be payable at the prevailing rate.

LEGAL COSTS
Each party will be responsible for their own costs.

ENERGY PERFORMANCE CERTIFICATE
Rating: E/123.  A copy of the EPC can be downloaded from this listing or available on request.

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

Or Joint Agents, RJ Chartered Surveyors

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.

Blake Morgan committed to 29,000 sq ft office in the exciting Central Square development. We retained Ben Bolton and his team some time ago to advise and appraise options in the lead up to this significant move of our Cardiff Office. The business is extremely pleased with the outcome and Ben's negotiations and attention to detail was a major part to this.

Philip Jardine, Blake Morgan LLP