Industrial to let in Unit 8, Newport Business Centre, Corporation Road, Newport NP19

Description

Well located light industrial / warehouse unit

Location

Newport Business Centre is an established industrial and distribution estate located approximately 1.5 miles to the south east of the city. The Estate is strategically located in close proximity to the Newport Southern Distributor Road and the M4 Motorway.

Accommodation

Unit 8 is a mid-terraced unit measuring approximately 1,635 sq ft (151.90 sq m). Gross Internal Area

Tenure and terms

Unit 8 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.

Rent / price

£10,000 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £8,400 (2023 List)

Multiplier 56.2 pence (2024/25) *Rates payable £4,702.80 per annum Excl.

*The unit currently qualifies for an element of small business rates relief (50% to 66.6% relief / discount) - please contact Newport County Council for additional information.

Estate service charge / building insurance

The current estate management charge contribution attributable to Unit 8 is £1,170 per annum Excl. Year ending March 2025

The Landlord insures the Building (not contents) the current annual premium is to be confirmed.

VAT payable in addition.

Legal costs

Each party responsible for their own legal and professional costs.

Energy performance certificate

F-130

Further information

Please contact joint agents Jenkins Best or Cooke & Arkwright / Knight Frank for additional information or to arrange a viewing.