Unit 7B, Westgate Buildings, 4-7 Commercial Street, Newport
Newport, NP20 1JL

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Ben Davies

The Agent

Ben Davies
Associate

02920 346311
Dominic Garner

The Agent

Dominic Garner
Surveyor

02920 346375
Brochure

Download the Brochure

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Specification

  • RETAIL
  • 498 sqft (46 sqm)
  • To let
  • £15,000 per Annum

Description

The property is located within a prime position on the pedestrianised Commercial Street, close to the junction of High Street and Skinner Street. Occupiers in the immediate vicinity include Sports Direct, Poundworld, HSBC, Natwest, Thompson, Card Factory and H Samuel.

DESCRIPTION

The property is a two storey building over ground and lower ground floors. Access is direct from Commercial Street whilst rear delivery access is provided via Stow Hill.

There is potential to extend the left hand side of the ground floor to provide an additional 1,800 sq ft of sales area.

TERMS

The property is available to let on the basis of a new lease, terms to be agreed.

Quoting Rent : £15,000 pax

The 2017 Rateable Value for the property is :-

Rateable Value : £13,500
Rates Payable : £6,737

Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

ACCOMMODATION

The property provides the following approximate areas and dimensions :

Ground floor sales 46.27 sq m 498 sq ft
Lower Ground Ancillary 24.43 sq m 263 sq ft

PLANNING

We understand that the property benefits from A1 use however A2 and A3 uses will be considered subject to the tenant obtaining all necessary planning consents.

VAT

The property is elected for VAT and therefore VAT is payable to the rent.

EPC RATING

D - 83

LEGAL COSTS

Each party to bear its own costs in dealing with this transaction.

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.