Ponthir Road, Newport, South Wales, NP18

LOCATION
The property is located on Ponthir Road, Caerleon, a town on the
outskirts of Newport. The subject property is situated in a highly
prominent and visible location on Ponthir Road (B4236), which links
Caerleon with Cwmbran. The road itself has a high level of passing
vehicular traffic.

DESCRIPTION
End of terrace two storey industrial unit.
Includes tyre fitting business.
Lower ground floor is informally let to two tenants.
Further information on the business and accounts are available to
interested parties.

ACCOMMODATION
The property has been measured in accordance with the RICS Code of
Measuring Practice (Sixth Edition) the property comprises the following
(approx.) areas:-
Description sq m sq ft
Ground Floor
Workshop 138.55 1491
Mezzanine 52.25 563
Staff Toilet
Lower Ground Floor 138.55 1491
Total Net Internal Area 329.35 3545

TENURE
The property is available freehold.

GUIDE PRICE
£375,000.00 (Three hundred and seventy five thousand pounds).

BUSINESS RATES
The Valuation Office Agency website states the premises are currently
entered into the rating list as follows:-
Description: Workshop and Premises
Rateable Value: £7,000
Interested parties are advised to make their own enquiries with
Newport City Council to ascertain the exact rates payable.

COSTS
Each party to bear their own legal costs incurred in the transaction.

VAT
All prices are quoted exclusive of VAT whether or not chargeable. We do
not believe VAT is chargeable on the sale price, but this will be
confirmed.

PLANNING
We have not made enquiries with Newport City Council with regards to
the current planning consent, however, we have assumed that the
property has planning for tyre fitting (sui generis use) under the Town &
Country Planning (Use Classes) Order for Wales. Interested parties are
advised to make their own enquiries to ensure their proposed use
would be permitted.

ENERGY PERFORMANCE CERTIFICATE (EPC)
The property has an EPC rating of E.

VIEWING & FURTHER INFORMATION
Through sole agents Bladen Commercial Property Consultants:-

Julian Bladen BSc (Hons) MRICS SUBJECT TO CONTRACT
November 2023