Retail premises to let in Unit 1, 389-413 Malpas Road, Newport, Newport NP20

Non-quoting
Retail premises to let 3,025 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 - Upon Application
  • The purpose built shopping parade is located approximately 1 mile north of the M4
  • The property comprises ground floor sales with excellent access for deliveries at the rear of the premises.
  • Ground floor sales 3,025 sq.ft. 281 sq.m

Property description

The purpose built shopping parade is located approximately 1 mile north of the M4 accessed directly from the north bound A4042 with Cwmbran being approximately 4 miles to the north and Newport City Centre being approximately 2 miles to the south.

The immediate area is densely populated and occupiers also on the shopping parade include Tesco Express, Subway, Greggs, Ladbrokes, Barnardo's and Dominos.


Description


The property comprises ground floor sales with excellent access for deliveries at the rear of the premises. There are 67 shared car parking spaces on site, a large proportion of which surround Unit 1.


Terms


Subject to vacant possession, the unit is available on the basis of a new lease for a term to be agreed with five yearly upward only rent reviews.

Quoting rent - Upon Application


Service charge


A service charge is applicable. Details available upon request.


Rateable value


The 2017 Rateable Value for the property is:

Rateable value £46,750

Rates payable £24,591

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


VAT


VAT will be payable to the rent.


Accommodation


The property provides the following approximate areas and dimensions:-

Ground floor sales 3,025 sq.ft. 281 sq.m


Planning


We understand the unit benefits from A1 use, however, other uses will be considered subject to the tenant obtaining all necessary planning consents.


EPC rating


The property has an EPC rating of C/65.


Legal costs


Each party to be responsible for their own legal costs on 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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