Industrial to let in Herbert Road, Newport NP19

Location

The property is located on Herbert Road, a mile from Newport
Town Centre, with the M4 Motorway accessible at Junction 25A
within 1 mile via the B4596 Caerlon Road or Junction 26 via the
A4042.
Near-by occupiers include Temple Gate Electrical Supplies, We
Hire and numerous residential properties.

Description

The main property provides an industrial / warehouse unit, of brick
and block construction under a pitched metal profile clad roof with
offices WC and a reception situated to the front of the property.
The property benefits from vehicular access to the rear, a concrete
floor and has a minimum eaves height of 3.3 meters in the main
warehouse.
There are numerous pedestrian and roller shutter and sliding door
access doors on each elevation of the property with some
mezzanine store areas. It may be possible to subdivide the
property into smaller units.
A second single storey metal profile clad industrial / warehouse
unit is situated on the eastern edge of the site, again with concrete
floor, roller shutter doors, pedestrian access and a small enclosed
yard to the rear. The building is current used for storage and has
a minimum eaves height of 2.6 meters.
Externally to the front of the property there is a small forecourt with
the boundary secured with palisade fencing and large double gate
for access.

Accommodation

Warehouse 1
Warehouse 683.86 sq m 7,361 sq ft
Offices/Reception W/C 308.55 sq m 3,321 sq ft
Mezzanine 1 10.84 sq m 116 sq ft
Mezzanine 2 50.39 sq m 542 sq ft
Mezzanine 3 53.33 sq m 574 sq ft
Mezzanine 4 39.65 sq m 426 sq ft
Warehouse 1 Total 1,146.62 sq m 12,342 sq ft
Warehouse 2
Warehouse 241.72 sq m 2,601 sq ft
Total 1388.34 sq m 14,942 sq ft

Planning

We understand that the property benefits from planning consent
for industrial use. However, we recommend that interested parties
make their own enquiries to the local authority.

Rating assessment

The property will need to be re-assessed depending on the future
configuration of units. Total Rateable value of the site is currently
£28,600 equating to rates payable of £15,301 (2021/22)

Enure

The property is available on a new full repairing and insuring
lease. We are quoting a rent of £ 52,000 per annum, exclusive.