LOCATION
Situated to the north of Newport town centre, the Island's County Town. The property is located in the Islands largest Industrial and business area and neighbouring occupiers include WRS Systems, Southern Housing Group, Glanvilles Damant Legal Services, amongst others.
Newport is the hub of the Island and offers great links to Cowes and Ryde with easy access via passenger ferry to Southampton and Portsmouth. The car ferries at Fishbourne and East Cowes are also within a short drive.
DESCRIPTION
Offered for sale is this modern office block, available as two suites or one whole. The premises offers a GIA of approximately 1,740 sq ft over each floor.
Unit 8 (Ground Floor) comprises a main central office measuring approximately 10m x 6m, around which are various offices and training room. There is a kitchenette and WC facilities.
Unit 7 (First Floor) comprises ground floor entrance lobby with stairs up to the main accommodation consisting a central hallway/reception with various surrounding offices. Separate WC facilities. The offices to the rear enjoy beautiful views across the countryside towards Dodnor Creek.
SERVICES
Water, electricity and drainage are all understood to be available. However, interested parties should always check the suitability of main services to their own satisfaction. The space is heated by skirting mounted electrical heating systems.
The units also attract a percentage service charge in respect of landscaping and overall site maintenance.
TERMS
Unit 7 Guide £200,000 (no VAT) Unit 8 Guide £215,000 (+ VAT).
We understand that our client owns the properties on the balance of a 99 year ground lease. Further details on application by bona fide applicants.
OUTGOINGS
The VOA shows a rateable value of £36,500 for the premises as a whole. if sold individually, the units will need to be reassessed.
VAT
As stated above. However, interested parties should always check the VAT status of any property to their own satisfaction.
LEGAL COSTS
Each party to bear their own legal and professional costs.
PARKING NOTES
There are 5 allocated parking spaces for each unit.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact on 01983 527727 or commercial@hrdiw.co.uk.
