£7,000 pa

Retail premises to let

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£7,000 pa

(£20.00/sq. ft. pa)

Retail premises to let

Stow Hill, Newport NP20

350 sq. ft

Local area information

Property location

Nearby amenities

  • St Woolos Primary School 0.2 miles
  • Newport (South Wales) 0.2 miles
  • St Mary's R.C. Primary School 0.3 miles
  • Newport (S Wales) Ferry Terminal 1.8 miles

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

Features and description

  • Retail Accommodation to Let
  • Popular Location close to Newport City Centre
  • Qualifies for Small Business Rates Relief
  • Basement Space available for Storage
  • Ground Floor approximately 350 sq Ft (32.55 sq m)
  • Quoting £7,000 excusive per annum
Location

The City of Newport is located in a prime strategic location close to the
border of England and Wales. It benefits from excellent access to the
M4 motorway and wider motorway network and provides regular train
services to London Paddington. The City has an immediate population
of approximately 137,000.

The property is located on Stow Hill, close to the corner of Commercial
Street and Bridge Street in Newport city centre. The surrounding area
is occupied by retail establishments including Leonard Cole Watch, gg
Vape and HSBC amongst others.
Description

The property consists of ground floor accommodation with a basement.
The ground floor is an open floor shop with laminate floors, suspended
ceilings and wall power sockets. The window and entrance door have
shutters.

The basement is accessed via internal steps and is split into a main
storage area and two smaller rooms. It benefits from concrete floors, wall lights and sockets. There is a kitchen area and separate WC.
Accommodation

Ground Floor 32.55 sq m (350 sq ft)
Basement 43.11 sq m (464 sq ft)

There is off street parking on the roads near the property and pay and
display car parks within walking distance.
Planning

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


Newport City Council:
Tel: Rating assessment
rateable value: £8,100
rates payable: £4,552.20*

*Some occupiers may qualify for “small business rates relief” which will
provide a discount on this figure. Interested parties should contact the
Business Rates Department at Newport City Council for more
information.
Tenure

The property is available to let by way of a new lease direct with the
landlord at a rent of £7,000 exclusive per annum.

More information

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  1. Zoopla
  2. Commercial to let
  3. Newport
  4. Stow Hill