41 High Street, 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 on High Street in Newport City Centre.  Nearby occupiers include Arcades, Betfred and the newly regenerated Newport Market.

DESCRIPTION

The property is a multi-storey building providing ground floor retail space with upper floors for storage.

The property benefits from a mixture of wood and laminate flooring, strip lighting and a large bay window.  There are separate offices, kitchen facilities and ECs to the ground floor.

There are pay and display car parks and on street parking nearby.

ACCOMMODATION

Ground Floor:                                       127.53 sq m          (1,373 sq ft)

First Floor                                              76.04 sq m            (818 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: 01633 656656

RATING ASSESSMENT

RATEABLE VALUE (Ground Floor):                        £12,250

RATES PAYABLE:                                                       £6,958.00

EPC

An Energy Performance Certificate has been requested and will be provided shortly.

TENURE

The retail suite is available to let by way of a new lease direct with the landlord at a rent of £14,000 plus VAT.