£15,000 pa

Industrial to let

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Let agreed

£15,000 pa

£1,250 pcm

Industrial to let

Unit 18, Newport Business Centre, Corporation Road, Newport NP19

2,314 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • Bridge Achievement Centre 0.3 miles
  • St Andrew's Primary School 0.6 miles
  • Newport (S Wales) Ferry Terminal 0.6 miles
  • Newport (South Wales) 1.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Unfurnished
  • Established industrial, distribution and trade location
  • Close proximity to Southern Distribution Road and M4 motorway
  • Severn Bridge tolls now abolished
  • 1 No. Level loading door
  • Estate benefits from CCTV and 24 hour access
  • Unit currently benefits from an element of small business rates relief
Description

Mid-terraced light industrial / warehouse currently benefitting from an element of small business rates relief.
Location

Newport Business Centre is an established industrial and distribution estate located approximately 1.5 miles to the south east of the city centre of Newport. Corporation Road links to the Newport southern distributor road providing excellent road links to the M4 via junctions 24 to the east and 28 to the west. The estate is in close proximity also to abp Port of Newport and Newport Retail Park.
Accommodation


2,314 sq ft (214.97 sq m). Gross Internal Area

Truss roof construction - minimum eaves height 4.5 metres

1 No. Level roller shutter door, width 4.2 metres, height 4.2 metres

WC facility

Estate benefits from CCTV and 24 hour access

Unit currently qualifies for an element of small business rates relief (16.6%)
Tenure and terms

Unit 18 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.
Rent / price

£15,000 per annum (Excl.) VAT payable in addition.
Rateable value

Rateable Value £11,000 (2023) List, Current Multiplier 53.5pence, rates payable £5,885 per annum* Currently qualifies for an element of small business rates relief (16.6%) contact Newport Council for additional information.
Estate service charge / building insurance

An estate service charge is levied to cover the cost of the maintenance and upkeep of the common parts of the estate. The current annual estate maintenance charge applicable for Unit 18 is £1,645 per annum. VAT payable in addition. Year ending March 2025.
The Landlord insures the Building (not contents) the current annual premium is £634 per annum (Excl.)
Legal costs

Each party responsible for their own legal and professional costs.
Energy performance certificate

D-85
Further information

Please contact joint agents Jenkins Best or Knight Frank / Cooke & Arkwright.

More information

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Listed by

JBR Commercial Property Group Ltd T/A Jenkins Best

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Property descriptions and related information displayed on this page are marketing materials provided by - JBR Commercial Property Group Ltd T/A Jenkins Best. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact JBR Commercial Property Group Ltd T/A Jenkins Best for full details and further information.

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