42 Commercial Street, Newport, NP20 1WX
Size
12,056
Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Frontage
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No floor / site plan
Key features
- Prime location
- Central positioning on established High Street
- Corner frontage
- Multi-storey property
- Strong connectivity
- Excellent covenant
- Future potential STP
- NIY 11.05%
Description
The property sits on the corner of Commercial Street and Llanarth Street which leads immediately into John Frost Square, the Kingsway Shopping Centre and Friars Walk Shopping Centre.
The available property provides accommodation split over basement, ground, first, second and third floors, with the entirety being let to Lloyds Bank Plc. They currently have a 4 year lease from June 2023 producing ÂŁ50,000 per annum.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
- No
- Floors in building
- 5
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
42 Commercial Street, Newport, NP20 1WX
About Emanuel Jones LLP, Cardiff
About
Established in 1999, Emanuel Jones is an independent firm of Commercial Chartered Surveyors specialised in providing a range of Commercial property advice to businesses, investors and developers. The core area of activity is Wales and the South West of England although we specialise in acquisitions and investment disposal throughout the UK.
We are based in Cardiff and our ethos is to provide a proactive, transparent and client focused approach to all instructions. We pride ourselves in creating long lasting client relationships based on a foundation of trust, dedication and effective strategy delivery.
Below is our list of services where we have extensive experience in delivering for all types of clients.
Retail & Leisure Agency
We provide expert advice on out of town, high street, shopping centre and drive thru retail/leisure properties, for both landlords and tenants. Our team has a vast understanding of the local retail/leisure market and provide proactive marketing in terms of disposals and lettings. We also advise on property acquisitions for businesses.
Office Agency
Our expertise encompasses both the disposal and acquisition of office premises, covering the full spectrum of office accommodation. We have a proven track record of successfully meeting our clients' objectives through an evidence-based approach.
Industrial Agency
We provide a comprehensive agency service for industrial property, this can range from stand alone industrial/warehouse units, to multi let industrial estates and all the way up to large scale industrial/manufacturing complexes.
Lease Advisory
We provide expert advice tailored around an individual clients needs regarding complex landlord and tenant matters. Our lease consultancy service including rent reviews, lease renewals, lease assignments and sublettings.
Investment & Development
We offer investment and development consultancy to institutions, property companies, developers and individuals. Our combination of local market knowledge and direct agency puts us in a strong position to advise effectively.
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Disclaimer - Property reference 42CommercialStreet. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Emanuel Jones LLP, Cardiff. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.