LOCATION
The property is located towards the lower end of the Town Centre, just off Newport High Street and opposite County Hall.
Newport is the county town of the Island and provides the mains shopping and business centres.
DESCRIPTION
Ground floor office space offering approximately 76 sq m (818 sq ft) overall.
The premises benefits from having allocated parking spaces to the front for two vehicles.
Currently offering 4 networked office spaces, kitchen space and WC.
Mains electric and water are connected.
The premises benefits from an extant planning permission for conversion to 2 x 1 bedroom flats or a single 3 bed flat, with allocated parking for two vehicles.
TERMS
Our client is asking £87,500 for this unit on a long leasehold basis.
OUTGOINGS
The VOA shows a rateable value of £10,750. Using the current UBR the rates payable would be circa £5,400 however the property will benefit from small business rates relief. All enquiries to be directed to the VOA or local council
PLANNING
The premises benefits from an extant planning permission for conversion to 2 x 1 bedroom flats or a single 3 bed flat, with allocated parking for two vehicles.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or email commercial@hrdiw.co.uk.
