Retail premises to let in The Market Place, Blackwood NP12

•Situated in a popular town centre, a modern lock-up shop and premises suitable for a variety of retail, office or business uses subject to the obtaining of any necessary planning consent.

•The Market Place Shopping Centre is a modern, vibrant town centre development conveniently located on the west side of High Street with occupiers including, Boots the Chemist, Tui, Iceland and Peacocks.

•Immediately available ‘To Let’ under terms of a new lease on Fri terms by way of a service charge at a rental of £6,500 per annum exclusive.

Location

The Market Place Shopping Centre is conveniently located just off High Street, the main retail thoroughfare serving the popular town of Blackwood.

Blackwood has the benefit of a large resident population and is conveniently located 10 miles or so north west of Newport and 16 miles north of Cardiff with easy access to the M4 Motorway (Junction 23) 10 miles or so to the south.

The Shopping Centre is conveniently located in a prominent high street location lying immediately adjacent to Blackwood’s main bus station and a circa 150 space open surface car park which is free to shoppers.

Established occupiers at the centre include Boots the Chemist, Tui, Iceland, Peacocks and the Post Office.

Description

The property briefly comprises a modern mid-terraced lock-up retail unit with the benefit of a modern aluminium double glazed shop front with double display windows. The property is well configured and whilst most recently occupied for retail use is equally well suited for a variety of other health and beauty, leisure, medical or office/business type uses subject to the obtaining of any necessary change of use planning consent. The property provides for approximately 47 sq m ( 505 sq ft ) Net Internal Area of accommodation.

Tenure

The property is immediately available “To let” under terms of a new lease for a term of years to be agreed on an effective Full Repairing and Insuring basis by way of a service charge.

Rental

£6,500 per annum exclusive.

Service Charge

Tenant to enter into the shopping center estate service charge scheme.

Business Rates

The Valuation Office Agency Website advises a rateable value of £9,600 so an ingoing tenant would benefit from partial small business rates relief. For rates payable contact Newport County Borough Council rates department.

Epc

Pending

Vat

VAT is payable on rent.

Legal Costs

Each party to be responsible for their own legal costs incurred in the transaction.

Anti-Money Laundering

In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.

Viewing

Strictly by appointment only through
sole letting agents:

Messrs Watts & Morgan llp
Tel: Email:

Please ask for
Dyfed Miles or Matthew Ashman