Industrial to let in Unit 18, Queensway Meadows Industrial Estate, Newport NP19

£34,350 pa (£0.00/sq. ft. pa)
Industrial to let 6,541 sq. ft*
Interested in this property? Call +44 29 2227 9045 * or Request Details

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

Property features

  • Established distribution and industrial location
  • Excellent road links
  • End of terrace unit
  • 2 no. Level roller shutter doors
  • Minimum eaves height 6 metres
  • To be refurbished - available June 2021

Property description

Description
End of terrace warehouse unit with 2 No. Roller shutter doors and minimum eaves height of 6 metres.

Location
Queensway Meadows is one of the principal established industrial estates within Newport, approximately 3 miles to the south-east of the town centre and 15 miles to the east of Cardiff. With ready access to both Junctions 24 and 28 of the M4 motorway. The estate is located in close proximity to the Southern Distributor Road (sdr) which provides direct access to Junction to Junction 24 of the M4. The eastern side of Newport is well positioned to serve the wider regional and national markets with the interchange of the M4 and M5 less than 25 minutes drive time. The abolition of the Severn Bridge tolls and improvement in road links via the sdr has increased the popularity of the location for distribution / warehousing. The Port of Newport (abp) is less than 2 miles away and amenities for the workforce and visitors are within walking distance (Newport Retail Park).

Accommodation
Internally the unit benefits from integral two storey offices, an open plan warehouse/industrial accommodation with the benefit of 6m eaves. The unit benefits from two full height roller shutter doors and externally there is a concrete yard providing vehicular access and car parking.

Gross Internal Area = 6,541 sq ft (607.67 sq m)

Steel portal frame construction, minimum eaves height 6 metres, maximum eaves height 8.2 metres

2 No. Level roller shutter doors - width 3.6 metres, height 4.5 metres

*The unit is due to have refurbishment following the departure of a former Tenant

Tenure and terms
Unit 18 is available by way of a new full repairing and insuring Lease for a term of years to be agreed. (Minimum 5 years).

Rent / Price
£34,350 per annum (Excl.) VAT payable in addition.

Rateable value
rv £24,250 (2017 List) Multiplier 53.5 pence (2020/21)

Rates Payable £10,415 per annum (Excl.)

Estate service charge / building insurance
The current annual budget contribution for the estate maintenance / common areas upkeep applicable to Unit 18 is £1,810 per annum (Excl.)

The Landlord insures the building and recovers the annual premium from the occupier = current premium to be confirmed.

Legal costs
Each party responsible for their own legal and professional costs.

Energy Performance Certificate
Current EPC Rating e-116

Further information
For additional information or to arrange a viewing please contact the Joint Agents - Jenkins Best or Cushman & Wakefield

Property info

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

Arrange Viewing

For more information about this property, please contact
JBR Commercial Property Group Ltd T/A Jenkins Best, CF37 on +44 29 2227 9045 * (local rate)

Contact JBR Commercial Property Group Ltd T/A Jenkins Best about this property

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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 JBR Commercial Property Group Ltd T/A Jenkins Best, and do not constitute property particulars. Please contact JBR Commercial Property Group Ltd T/A Jenkins Best 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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