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Established Industrial / distribution location
Excellent road links - close to Newport Southern Distributor Rd
Min eaves height 6.1 metres
Max eaves height 7.3 metres
Stephenson Street is a modern terrace of light industrial units situated in an established commercial location. Unit 3 is a mid-terraced unit comprising the following specification:
Steel portal frame construction Minimum eaves height 6.1 metres Maximum eaves height 7.3 metres Single level roller door Open plan warehouse accommodation Integral WC facilities Shared forecourt for loading/unloading and car parking
Stephenson Street is an established industrial and distribution estate located approximately 1.5 miles to the south east of the city centre of Newport. Corporation Road links to the Newport southern distributor road providing excellent road links to the M4 via junctions 24 to the east and 28 to the west. The estate is in close proximity also to abp Port of Newport and Newport Retail Park.
Gross Internal Area - 4,530 sq ft (420.84 sq m)
Tenure and terms
Unit 3 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.
Rent / price
£25,000 per annum Exclusive. (VAT payable in addition).
Rateable Value £19,500 (2017 List).
Multiplier 53.5 pence (2020/21).
Business Rates payable of £10,432.50 per annum Excl.
Contact Newport County Council for additional information.
Estate service charge / building insurance
An estate service charge is levied to cover the cost of the maintenance and upkeep of the common parts of the estate. The current annual estate service charge applicable for Unit 3 is £2,850 per annum (Excl.)
The Landlord insures the building and recovers the annual premium from the Tenant. The premium is dependent upon the Tenant's proposed use.
Each party responsible for their own legal costs.
Energy performance certificate
For additional information or to arrange a viewing please contact joint agents Jenkins Best, Cooke & Arkwright, or Knight Frank.
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
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.