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

Offers in region of

£1,100,000

Size

23,709

Tenure

Freehold

EPC

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Parking

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Primary use
Light industrial

No floor / site plan

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 £950,000 excluding VAT for the long leasehold interest.

Business Rates
The rateable value to Unit 2, Felnex Industrial Estate is:
Rateable value – £42,700
Based on 1st April 2023 valuation
Additional information
Clear height
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Yard depth
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Service charge
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Business rates
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Use class
B8
Listed building
No
Floors in building
1
Business for sale
No
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

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

NEAREST STATIONS

National Rail

Newport (S. Wales) Station

1.61 miles

National Rail

Pye Corner Station

2.93 miles

National Rail

Rogerstone Station

4.32 miles

About Savills, Bristol Industrial

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Disclaimer - Property reference 199666-1. 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 Savills, Bristol Industrial. 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.