Retail premises to let in Malpas Road, Newport NP20
£10,000 pa (£12.71/sq. ft. pa)
Interested in this property?
Call +44 1633 371863 *
* Calls to this number will be recorded for quality, compliance and training purposes.
The property is a former bookmakers benefiting from A2 use and provides flexible accommodation with either retail sales or office at the front of the property with further space to the rear including office, kitchen and two WC’s.
The property benefits from large glazed windows to the front elevation, LED lighting, wooden effect floor covering, wall mounted power sockets and air conditioning to the retails sales area.
Retail Sales 58.60 sq m (630 sq ft)
Office 15.5 sq m (166 sq ft)
Kitchen 7.66 sq m (82 sq ft)
Total 81.76 sq m (878 sq ft)
We understand that the property benefits from planning consent for A2 and 1 Retail as defined in Town and Country Use Class Order 1987. However, we recommend that interested parties make their own enquiries to the local planning authority.
Newport City Council:
Tel: Rating assessment
rateable value: £9,000
rates payable: (2021/22) £4,815
Retail premises may no rates for the 2021 – 22 financial year. Thereafter, some occupiers may qualify for ‘small business relief’ which will provide a 50% discount on the rates payable. Interested parties should contact the business rates department at Newport City Council for more information.
The property is available by way of a new lease on flexible terms. We are quoting a rent of £10,000 per annum, exclusive.
Should you require further information or wish to arrange a viewing, please contact:-
* Sizes listed are approximate. Please contact the agent to confirm actual size.
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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