Unit 4, Stephenson Street, Newport
Newport, NP19 4XB

  • map
Rhys Price

The Agent

Rhys Price
Senior Surveyor

02920 346374
Ben Bolton

The Agent

Ben Bolton
Director

02920 346376

Additional Downloads

EPC Certificate

Specification

  • INDUSTRIAL
  • 9,093 sqft (845 sqm)
  • To let
  • £45,500 per Annum

Description

LOCATION
Stephenson Street 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
Stephenson Street is a modern terrace of light industrial units situated in an established commercial location.  The property is of steel portal frame construction, providing a minimum height of 6.1 metres and maximum eaves height 7.3 metres. Access is provided via a single level roller door (width 4.4 metres, height 4.9 metres) leading to an open plan warehouse accommodation with ground and first floor offices, kitchen and WC facilities. To the front of the property a generous shared forecourt for loading/unloading and car parking.

AVAILABILITY
Unit 4 9,093 sq ft (844.76 sq m) GIA

TERMS
Unit 4 is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.

RENT
£45,500 per annum (Excl.) VAT payable in addition.

RATES
Rateable Value £29,250 (2017 List).
Rates Payable £15,648.75 (Multiplier 53.5p 2020/21)

Please contact Newport County Council for additional information.

SERVICE CHARGE
An estate maintenance charge is levied to cover the cost of the maintenance and upkeep of the common parts of the estate. Details available on request.

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 C-66, 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, Jenkins Best or Knight Frank

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.

I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

Bob James, Aerfin