Industrial to let in Unit 24, Newport Business Centre, Corporation Road, Newport NP19

£11,678 pa (£0.00/sq. ft. pa)
Interested in this property? Call +44 29 2227 9045 * or Request Details

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Industrial to let

1,557 sq. ft*

Property features

  • Established industrial and distribution location
  • Close proximity to Newport southern distributor road and M4 motorway
  • Modern light industrial / warehouse unit
  • Steel portal frame construction, minimum eaves height 6.1m, max 7.25m apex 7.9m
  • New full repairing and insuring lease available
  • Unit currently qualifies for an element of small business rates relief

Property description

Description


Unit 24 Newport Business Centre is a well located light industrial / warehouse unit - available by way of a new full repairing and insuring Lease for a term of years to be agreed.


Location


Newport Business Centre 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.

Accommodation


Unit 24 is a mid-terraced light industrial /warehouse
Gross Internal Area 1,557 sq ft (144.6 sq m)
Minimum eaves height 6.1 metres, maximum eaves height 7.25 metres (apex 7.9m)
Single roller shutter door (electric) width 4.1 metres, height 4.9 metres
WC facility
Large external loading / circulation area

Tenure and terms


Unit 24 is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.

Rent / price


£11,678 per annum (Excl.) VAT payable in addition.

Rateable value


Rateable Value £8,200 (2017 List) Multiplier 53.5 pence (2022/23). Rates payable £4,387 per annum*
*Unit currently qualifies for an element of small business rates relief (50 to 66.6%) Please contact Newport County Council for additional information.

Estate service charge / building insurance


An estate service charge will be levied to cover the cost of the maintenance and upkeep of the common parts of the estate. Current budget figure £1,115 - year ending Feb 2025. Further details on application. VAT payable in addition.
The Landlord insures the building and recovers the annual premium from the Tenant - premium to be confirmed subject to proposed use. Current annual budget premium figure £430 - 2023..

Legal costs


Each party responsible for their own legal costs.

Energy performance certificate


D-93. Copy available on request.

Further information


For additional information or to arrange a viewing please contact Jenkins Best or Joint Agents - Cooke & Arkwright / Knight Frank

Property info

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

Arrange Viewing

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

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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 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.

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