Office to let in Park Square, Newport NP20

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 137,000.

The property is located on Park Square in close proximity to Newport
city centre and all the amenities it provides. Newport train station is
within walking distance and junction 26 of the M4 motorway is within
2 miles.

The surrounding area comprises largely of office and residential
occupiers.

Description

11 Park square is a grade II listed office building with character. The
property provides 6 offices of different sizes at ground level with a
large open plan office on the first floor.

The accommodation benefits from a security alarm, carpeted solid
floors, wall mounted power and data sockets, gas central heating, cat
2 strip lighting and large windows providing good natural light.
Facilities including male and female wc’s and a kitchen are shared.

There is a private car park at the rear of the building providing 10 – 12
allocated spaces and on street parking at the front of the building.
Further parking is available at two pay and display car parks within
200m.

Available accommodation

Description Area sq m Area sq ft Rent (£)
Room 1 28.5 307 627 pcm
Room 2 8.4 91 185 pcm
Room 3 18.3 197 403 pcm
*Please note: Quoted rent is exclusive of VAT.

Rating assessment

Tenants will be responsible for their own business rates. Some
occupiers may qualify for ‘small business relief’ which will provide a
discount on the above figure. Interested parties should contact the
business rates department at Newport City Council for more
information.

Local authority

Newport City Council:
Tel: Planning
We understand that the property benefits from planning consent for
office use. However, we recommend that interested parties make their
own enquiries to the local authority.

Tenure

The property is available by way of a new lease, direct with the
landlord. Quoting rent includes heating, water, electric, maintenance
and cleaning of shared areas. Rent also includes building insurance;
tenants will however be responsible for their own phones and
broadband.