151 Commercial Street, Newport, South Wales, NP20
Size
1,674 - 3,175
Lease length
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EPC
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Parking
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- Price per
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- Primary use
- Shop
- Frontage
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No floor / site plan
Key features
- Prime City Centre Location
- Walking Distrance to Train Station
- Close to Friars Walk & Kingsway Shopping Centres
Description
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 on Commercial Street, the main pedestrianized road in Newport City Centre with a high foot fall adjacent to Friars Work Shopping Centre. Nearby occupiers are predominantly retail include TSB Bank; Cake Box and Fone Fix.
DESCRIPTION
The property is a three storey mid-terraced building providing retail and storage space.
The ground floor provides open plan retail space, with office and WC facilities to the rear. This benefits from laminate floor, suspended ceiling with lighting and two display windows to the front.
The first floor is open plan storage space with a separate kitchen. This benefits from strip lighting and large windows to the front.
The second floor provides storage space, however, is only accessible via an external fire escape.
Pay and display car parks are within walking distance.
ACCOMMODATION
Ground floor 155.47 sq m (1,674 sq ft)
First floor 139.48 sq m (1,501 sq ft)
Total: 294.95 sq m (3,175 sq ft)
PLANNING
We understand that the property benefits from planning consent for retail use. However, we recommend that interested parties make their own enquiries to the local authority.
LOCAL AUTHORITY
Newport City Council:
Tel:
RATING ASSESSMENT
RATEABLE VALUE: £19,250
RATES PAYABLE: £10,819
Discounts of up to 65% on rates payable are currently available through Welsh Assembly Government and Newport City Council. Interested parties should contact Newport City Council for further information.
EPC
An Energy Performance Certificate has been requested and will be provided shortly.
TENURE
The retail accommodation is available to let by way of a new lease direct with the landlord at a rent of £25,000 pa plus VAT.
- Let type
- Long
- Let contract length
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- Status
- Available
- Service charge
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- Business rates
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- Use class
- E
- Floors in building
- 3
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
151 Commercial Street, Newport, South Wales, NP20
About M4 Property Consultants , Newport
M4 Property Consultants are a niche commercial property agent based in Newport, South Wales. We help clients purchase and sell commercial properties. We also lease and manage your commercial properties throughout South Wales and the South West of England.
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Disclaimer - Property reference 151CommercialStreet. 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 M4 Property Consultants , Newport. 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.