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UNDER OFFER

Unit 2, Felnex Industrial Estate, Newport, NP19 4PQ

Offers in Region of
£1,100,000

£46.40 per sq ft

Business rates & charges may apply

Savills, Bristol Industrial
SIZE AVAILABLE

23,709 sq ft

2,203 sq m

SECTOR

Light industrial facility for sale

Key features

  • Established and well located industrial and distribution area with good access to South Wales and South West England
  • Securable yard and parking area
  • 5.1m minimum internal height
  • Two storey office accommodation
  • Two ground level loading doors
  • Ease of access to the A48 and subsequently the M4 at junctions 24 - 28

Description

Description
Unit 2 provides a steel and concrete frame warehouse with corrugated asbestos roof. Two floor internal office accommodation and customer reception area. There are two ground level loading doors at side elevation, both fronting on to a large yard / parking area which could be secured.

Location
The unit is located just of Stephenson Street on Mariner Way, an established industrial distribution area approximately 1.5 miles from Newport City Centre and which provides ease of access to the A48 and subsequently to the M4 motorway within 10 mins, via junctions 24 to 28. Surrounding occupiers include Hydra flow, Royal Mail, Cogent Power and Owens Group.

Viewings
Please contact sole agents, Savills.

Terms
The long leasehold is available to purchase for a term expiring 21 June 2095 (70+ years unexpired).
There is a ground rent payable, currently £586.52 per annum

Price
Offers sought in excess of £1,100,000 excluding VAT for the long leasehold interest.

Brochures

Unit 2, Felnex Industrial Estate, Newport, NP19 4PQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newport (S. Wales) Station1.6 miles
  • Pye Corner Station2.9 miles
  • Rogerstone Station4.3 miles

Notes

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