- 20,556 sqft (1,910 sqm)
- To let
- £123,500 per Annum
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.
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 7.32 metres. Access is provided via 3 level roller doors leading to an open plan warehouse accommodation with WC facilities. To the front of the property a generous shared forecourt for loading/unloading and car parking.
Unit 6 20,556 sq ft (1,910.64 sq m)
Unit 6 is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.
£123,500 per annum (Excl.) VAT payable in addition.
Rateable Value £70,000 (2017 List).
Business Rates Payable of £37,450 per annum Excl. (Multiplier 53.5 pence (2020/21).
Contact Newport County Council for additional information.
An estate maintenance charge is levied to cover the cost of the maintenance and upkeep of the common parts of the estate. The estimated annual contribution is £5,675 per annum.
Building Insurance Premium details on request.
Each party responsible for their own legal and professional costs.
ENERGY PERFORMANCE CERTIFICATE
EPC Rating C-66, a copy is available on request.
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.