Land to let in South Dock, Alexandra Docks, Newport NP20

Description

Well located self-contained distribution facility within the Port of Newport, South Wales. Excellent road links via the Newport Southern Distributor Road and the M4 Motorway. Available Q3 2023 - subject to refurbishment

Location

The property is strategically located at Port of Newport, directly accessed via road from the Newport Southern Distributor Road. The sdr provides an excellent link to the M4 Motorway at Junctions (28) West and (24) East. The Port also benefits from rail and sea access making this a strategic multi-modal transport location.

Accommodation

The premises comprise two detached warehouse units totalling 4,633 sq m (49,871 sq ft), on a self-contained site for 2.39 ha (5.91 acres). Specification of the warehousing includes a minimum eaves height ranges from 6.5m to 10m. The site itself is fully self-contained with fencing to the perimeter and a large surfaced yard area.

Warehouse 1 (Roadside) = 1,752.94 sq m (18,869 sq ft) Min. Eaves 6.6m max. Eaves 10m

Warehouse 2 = 2,880.16 sq m (31,002 sq ft) Min. Eaves 7.5m max.eaves 12m

Tenure and terms

The property is available by way of a new Lease for a term of years to be agreed.

Rent / price

£400,000 per annum (Excl.) VAT applicable.

Rateable value

The property is currently included within the overall port rating assessment - the unit would be subject to re-assessment - rateable value to be confirmed.

Estate service charge / building insurance

Each occupier contributes towards the cost of maintaining the common areas of the Port Estate. Estate Service Charge contribution to be confirmed.

Legal costs

Each party responsible for their own legal costs.

Energy performance certificate
tbc
further information

For additional information or to arrange a viewing please contact the joint agents - Jenkins Best or Cushman & Wakefield