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 at the heart of Newport City Centre in a high
profile location. Clarence Place is one of the main arterial routes into
the city centre. The building is unmissable, overlooking the river by
Newport bridge.
DESCRIPTION
The property is a multi-storey building providing retail space, a
restaurant, serviced apartments and offices within it. It also benefits
from an adjoining car park providing approximately 230 car parking
spaces.
The offices benefit from a ground floor reception which is manned 24
hours a day. There is a break out area and tenants gym in the
building. The building benefits from 2 passenger lifts providing
access to all floors. Male, female and disabled WC’s are available
throughout the building.
The accommodation varies in specification but can all be refurbished
to provide suspended ceiling with LED lighting, comfort cooling,
perimeter trunking (some suites already have floor boxes) and
carpeted floors.
Parking spaces are available at the property at an additional cost of £100 pcm plus VAT per space.
ACCOMMODATION
Office 3 11.15 sq m (180 sq ft)
Office 4 16.72 sq m (120 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
Office 3 Office 4
RATEABLE VALUE: £1,875 £1,050
RATES PAYABLE: £1,065 £596.40
Some occupiers may qualify for “small business rates relief”. Interested parties should contact the local authority. The rating list is subject to change in April 2026. As such, interested parties should contact the Business Rates Department at Newport City Council for more information.
TENURE
The office suites are available to let by way of a new lease direct with the landlord at the following rents, which include service charge, heating, lighting and electric:
Office 3 £500 pcm plus VAT
Office 4 £400 pcm plus VAT
The tenant will be responsible for broadband and telephone lines.