Office for sale

Lower Dock Street, Newport NP20

Location

The City of Newport is located in a prime strategic location close to
the border of England and Wales. It benefits from excellent access to
the M4 motorway and wider motorway network and provides regular
train services to London Paddington. The City has an immediate
population of approximately 159,000.

The property is located on Lower Dock Street, with nearby occupiers
including a mixture of offices and retail occupiers, an Asda
Supermarket, and the Passport Office are nearby amongst others
Description

The property is a three storey mid terraced office building with
prominent historic features.

The accommodation is well decorated with each floor having separate
boiler, WC and Kitchen facilities. It benefits from radiators, single
glazed windows, strip lighting, wood flooring and wall mounted
sockets. The offices are predominately open plan with individual
partitioned offices on each floor.

In addition, there is a basement for storage and a garage with the
potential to fit 4 cars. The property is accessed by two individual
pedestrian entrances to the front and a separate rear access with
stairs to each floor.
Accommodation

Ground Floor 125 sq m (1,344 sq ft)
First Floor 128 sq m (1,380 sq ft)
Second Floor 132 sq m (1,422 sq ft)
Total 385 sq m (4,146 sq ft)
Planning

We understand that the property benefits from planning consent for
office use. However, we recommend that interested parties make their
own enquiries to the local authority.
Local authority


Newport City Council:
Tel: Rating assessment
grd/2nd flr first flr
rateable value: £14,750 £16,250
rates payable: £7,405 £8,158
Tenure

The freehold interest is available for sale quoting offers in excess of
£500,000 plus VAT. Alternatively, the leasehold interest in the
property could be available for £40,000 pa exclusive