Description
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 on Caerleon Road which is the main arterial
route into Newport City Centre approximately 1 mile to the South
West. Surrounding occupiers include Subway, Greggs, Dream Doors
and Macey Sports.
DESCRIPTION
The property provides retail accommodation at ground floor level with
a glazed shop frontage facing onto Caerleon Road.
The property benefits from wood effect vinyl flooring, wall mounted
power and a suspended ceiling. To the rear of the property is ancillary
storage, a WC and kitchen facilities.
ACCOMMODATION
Retail Accommodation 42.00 sq m (452 sq ft)
Stores/WC’s 13.60 sq m (146 sq ft)
Total: 55.60 sq m (598 sq ft)
PLANNING
We understand that the property benefits from planning consent for
A1 Retail use as defined in Town and Country Use Class Order 1987.
However, we recommend that interested parties make their own
enquiries to the local authority.
LOCAL AUTHORITY
Newport City Council:
Tel: 01633 656656
RATING ASSESSMENT
RATEABLE VALUE: £8,700
RATES PAYABLE: £4,889.50*
* Some occupiers may qualify for “small business relief” which will
prove a discount on this figure. Interested parties should contact the
business rates department at Newport City Council for more
information.
TENURE
The office suite is available to let by way of a new lease direct with the
landlord. We are quoting a rent of £10,000 per annum, exclusive.
Property Documents