{"loaderData":{"0-6":{"propertyListing":{"building":{"id":"761299869611664","summary":"High Yielding Office Investment Adjacent to Newport Rail Station Offering Asset Management/Development Potential (subject to obtaining the requisite consents)\n\nLet to Newport City Council on a 16 Year Lease Expiring 02.01.2028\n\nInvestment Let at £317,250 per annum","archived":false,"description":"The property comprises a high yielding office investment let to Newport City Council and occupying a desirable location adjacent to Newport Station.

Arranged across ground and four upper floors, the property provides 26,235 sq ft (2,437.23 sq m) of accommodation and is used as offices.

The property is let to Newport City Council, on a 16 year lease expiring 02.01.2028 and paying £317,250 per annum.

We consider the property offers a number of asset management opportunities via renewal of the lease upon expiry, re-letting or conversion/development to alternative uses (subject to obtaining the requisite consents).

The property includes an additional car park with approx. 17 spaces accessed from Queensway.

The property occupies an enviable location adjacent to Newport Rail Station, a junction station connecting the Great Western Railway routes and routes to North West England. The station provides a fastest journey time to Cardiff Central of 12 mins and a journey time of 20 mins to Bristol Parkway.

The property is let to Newport City Council on a 16 year lease expiring 02.01.2028 and paying £317,250 per annum.

The lease is on internal repairing & insuring terms and includes a long term maintenance charge which is paid by the tenant into a sinking fund. The lease is also within the Security of Tenure provisions of the Landlord and Tenant 1954 Act.","disclaimer":{"raw":"Disclaimer - Property reference 302803D3-C803-4115-8CB9-36FDB33BD650. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Savills National , Savills Auctions- Commercial. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["High Yielding Office Investment","Let to Newport City Council","16 Year Lease Expiring 02.01.2028","26,235 sq ft (2,437.23 sq m)","Asset Management Potential","Development/Conversion Potential (subject to consents)","Investment Let at £317,250 p.a. (63.45% GIY on Guide Price)"],"environment":{"epcRating":"A","breeamRating":0,"environmentalDescription":null},"pricing":{"price":500000,"displayQualifier":"GUIDE_PRICE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"LEASEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/2c1ae14b7/761299869611664/2c1ae14b7f8e511d062c2430832baf70.pdf","description":""}],"photos":[{"uri":"property-photo/bc340ea21/761299869611664/bc340ea21f4438b9dff4dd280758ea52.jpeg","description":""},{"uri":"property-photo/baa055711/761299869611664/baa055711837172ead7bbd857e7557f4.jpeg","description":""},{"uri":"property-photo/ec611b1e9/761299869611664/ec611b1e911c67e4117bd54df7f630bf.jpeg","description":""},{"uri":"property-photo/ae56b5ce9/761299869611664/ae56b5ce94533464978fb485ad8812c5.jpeg","description":""},{"uri":"property-photo/851c42dd9/761299869611664/851c42dd9738adc47c518e07ac756b1f.jpeg","description":""},{"uri":"property-photo/c647be96b/761299869611664/c647be96b2614ed1431fff16c85883c0.jpeg","description":""}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":26235,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"Former Station Buildings, Queensway, Newport","showMap":true,"postcode":{"incode":"4AX","outcode":"NP20"},"streetView":null,"latitude":51.589588,"longitude":-2.998604},"nearestStations":[{"distance":0.13235940605224936,"name":"Newport (S. Wales) Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.9128958056682153,"name":"Pye Corner Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":2.9596287866956885,"name":"Rogerstone Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Savills National , Savills Auctions- Commercial","email":null,"profileUrl":"/estate-agents/agent/Savills/Savills-Auctions--Commercial-238697.html","logo":"/partner-logo/11692847-LOGO-1765963956.jpeg","id":238697,"description":"","telephoneNumber":"020 3834 8097","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Savills/Savills-Auctions--Commercial.html?locationIdentifier=BRANCH%5E238697&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":null,"primaryPropertyClassification":{"propertyClassificationSubType":"OFFICE","propertyClassificationType":"OFFICES","offices":{"pricePerDeskPerMonth":null,"numberOfDesks":null,"gradeOfSpaceType":null,"capacity":null},"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":"2026-07-02","serviceCharge":null,"businessRates":null,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":true,"spaces":[]}}}},"actionData":null,"errors":null}