Talkative Ltd, Algater - Lucent Telecom Ltd, Coldra Wood, Chepstow Road, Newport

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 adjacent to junction 24 of the M4 Motorway
with its intersection with the A440 which in turn links to the M50
Motorway providing access to the Midlands and further North.
Nearby facilities include The Celtic Manor Hotel & Golf Resort,
The holiday Inn Hotel, Costa Coffee, McDonalds and many more.

Within the building itself, there are already of number of tenants
including Celtic Manor, Mitel, an AI Lab, Otium Concierge, M4
Property Consultants and a number of start up tech companies.

DESCRIPTION
The property is a detached building providing office space at
ground and first floors and laboratory space / storage at lower
ground floor level. The is a 2 storey atrium reception area, a canteen and kitchen area, WC's and shower facilities.

The vacant offices are on the ground floor and these benefit from
carpeted floors, power and data points, suspended ceilings with
recessed lighting and a heating / cooling system. The offices
benefit from good natural light with floor to ceiling windows with
blinds.

First floor offices are occupied by Celtic Manor
Externally the property sits on a generous site providing car
parking.

RATING ASSESSMENT
Each of the offices are under the threshold for small business relief.
Therefore, the majority of occupiers will not pay any business rates.

TENURE
The offices are available by way of a new flexible licences (month
to month) direct with the landlord. Quoting rent for the offices is £25
per sq ft as set out above inclusive of utilities, broadband and
building insurance.