Alacrity House, Kingsway, Newport, NP20 1HG

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 situated within Newport City Centre on Kingsway. Nearby occupiers include the Riverfront Theatre, University of South Wales, the new leisure centre & swimming pool (currently under construction) and the proposed building for College Gwent relocation of 2,000 students and staff to the city centre.

In addition, Friars Walk Shopping Centre is just across the road together with all the city centre amenities.

DESCRIPTION
The property provides office & ancillary accommodation over basement, ground and two upper floors. There is a lift serving the building (except the top floor). Various kitchen areas, toilets and showers are provided throughout the building.

The offices are a mixture of open plan and cellular accommodation with a number of meeting rooms, breakout areas and a gym. The offices benefit from carpeted /vinyl flooring, a mix of perimeter trunking and wall mounted power and data sockets, gas central heating and some comfort cooling (in part) and LED lighting throughout.

Externally, 37 car parking spaces are provided for the building, enclosed within two secure, gated car parks.

ACCOMMODATION
Basement 115.11 sq m 1,239 sq ft
Ground 267.96 sq m 2,884 sq ft
First 249.68 sq m 2,688 sq ft
Second 141.22 sq m 1,520 sq ft
Total 773.98 sq m 8,331 sq ft

PLANNING
We understand that the property benefits from planning consent for office 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: £81,500
RATES PAYABLE: (2025/26): £46,008 pa

TENURE
The property is available by way of a new lease direct with the landlord as a whole or on a floor by floor basis. Quoting rent is £12.50 per sq ft. A service charge will also be payable.
Alternatively, a sale of the building will also be considered. We are inviting offers in excess of £1m exclusive.

• Alacrity House, Kingsway, Newport, NP20 1HG
  DOWNLOAD