Retail premises to let in 174 Commercial Street, Newport, Newport NP20

£37,500 pa (£23.09/sq. ft. pa)
Retail premises to let 1,624 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 £37,500 pax
  • The property is located in a prime position on the pedestrianised Commercial Street.
  • The premises comprises two storeys over ground and basement floor.
  • Ground Floor Sales 150.87 sq m 1,624 sq ft Basement (hatch access) not measured

Property description

Location


The property is located in a prime position on the pedestrianised Commercial Street, close to one of the entrances to Friars Walk Shopping Centre. Adjacent occupiers are H. Samuel and tui. Other occupiers in the immediate vicinity include Costa Coffee, Card Factory, The Works, O2 and Sports Direct.


Description


The premises comprises two storeys over ground and basement floor. Access is provided direct from Commercial Street. The ground floor is well configured, with hatch access to the basement within the sales area.


Terms


Subject to vacant possession the property is available on the basis of a new lease via effective full repairing and insuring terms.

Quoting rent £37,500 pax


Rateable value


The 2017 Rateable Value for the property is:-

Rateable value: £27,750

Rates payable: £14,680

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


VAT


VAT will be payable in addition to the rent.


EPC


D - 84



Accommodation


The property comprises of the following approximate areas and dimensions:

Gross Frontage 9.27 m 30 ft 05 ins

Net Frontage 6.46 m 21 ft 02 ins

Ground Floor Sales 150.87 sq m 1,624 sq ft

Basement (hatch access) not measured


W/C

planning


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


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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