Industrial to let in Kings Parade, Newport NP20

£36,000 pa (£7.13/sq. ft. pa)
Industrial to let 5,049 sq. ft*
Interested in this property? Call +44 1633 371863 * or Request Details

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

Property features

  • 2 Fenced and Gated Compounds
  • Single Phase and 3 Phase Electric
  • Surrounded by other trade counters

Property description

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 146,000.

The property is situated on Kings Parade, in Newport, just outside the city centre. It is well located for serving the city centre but also provides easy access to the M4 at junctions 25,26 or 27.

Surrounding occupiers include Travis Perkins, City Plumbing, Jewson, The Colour Centre, and many more.


Description


The property provides a detached warehouse building with two storey office accommodation and yards to both the front and rear of the unit.

Access to the warehouse is provided by a single roller shutter door measuring 5m high by 5m wide. The minimum eaves height within the warehouse is 5.5m. A mezzanine floor at one end of the warehouse provides further storage space. Single and 3 phase power is provided, together with gas. There is a hot air blower providing heating to the warehouse.

Offices are provided at both ground and first floor levels. These offices benefit suspended ceilings with LED lighting, gas central heating system, wall mounted power and data sockets and carpeted floors. WC’s and a kitchen facility are also provided.

Externally, there is an enclosed yard area to the front of the property providing parking, access and external storage. Further external storage is provided to the rear of the property in a fenced and gated compound.


Accommodation


The property provides the following approximate gross internal areas: -
Warehouse 354.30 sq m (3,814 sq ft)
Offices 114.74 sq m (1,235 sq ft)
Total 469.04 sq m (5,049 sq ft)
Mezzanine stores 63.00 sq m (678 sq ft)


Planning


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


Local authority


Newport City Council:
Tel: Rating assessment
rateable value £30,250
rates payable (2019/20) £16,184


Tenure


The property is available by way of an assignment or subletting of the current lease. The passing rent is £36,000 per annum, exclusive. Alternatively, a new lease direct with the landlord may be available.

Property info

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

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For more information about this property, please contact
M4 Property Consultants, NP19 on +44 1633 371863 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by M4 Property Consultants, and do not constitute property particulars. Please contact M4 Property Consultants 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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