Retail premises to let in 168 Commercial Street, Newport NP20

From £40,000 pa (£19.03/sq. ft. pa)
Retail premises to let From 2,102 - 4,228 sq. ft*
Interested in this property? Call +44 29 2227 9254 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Quoting rent £42,500 pax
  • The property is located within a 100% prime position on the pedestrianised Commercial Street
  • The property is a three storey building over ground and two upper floors.
  • Ground floor-sales 195.18 sq.m 2,101 sq ft Ground floor-ancillary 8.36 sq.m 90 sq ft First floor-sales 176.32 sq.m 1,898 sq ft Second floor-ancilla

Property description

Location:

The property is located within a 100% prime position on the pedestrianised Commercial Street, close to one of the entrances into the new built Friars Walk Shopping Centre with adjacent occupiers being O2 and wh Smith. Other occupiers within the immediate vicinity include Costa Coffee, bhs, cex, Boots, The Works, Iceland, Waterstones and Wildings Department Store.

Description:

The property is a three storey building over ground and two upper floors. Access is provided direct from Commercial Street, whilst rear delivery access is provided from School Lane into the rear of the first floor. The ground floor is well configured and is available to let as a ground floor lock-up, or alternatively further storage accommodation is also available if required.

Terms:

Subject to vacant possession, the property is available on the basis of a new ten year lease via full repairing and insuring terms, subject to a fifth year upwards only rent review . Consideration may be given to selling the property on the basis of a long leasehold interest.

Quoting rent £42,500 pax

rateable value:

The Rateable Value for the property is currently being reviewed therefore interested parties are advised to make their own enquiries with the Valuation Office Agency.

VAT:

VAT is payable to the rent.

Accommodation:

The property comprises the following approximate areas and

dimensions:-

Gross frontage 9.80m 32 ft 01 ins

Net frontage 9.0m 29 ft 05 ins

Internal width 8.85m 29 ft 00 ins

Shop depth 22.23m 72 ft 08 ins

Built depth 24.9m 81 ft 07 ins

Ground floor-sales 195.18 sq.m 2,101 sq ft

Ground floor-ancillary 8.36 sq.m 90 sq ft

First floor-sales 176.32 sq.m 1,898 sq ft

Second floor-ancillary 208.10 sq.m 2,240 sq ft

EPC rating:

D-95

legal costs:

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

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Cooke and Arkwright, CF10 on +44 29 2227 9254 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cooke and Arkwright, and do not constitute property particulars. Please contact Cooke and Arkwright for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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