LOCATION
Situated in Newport Town Centre, this property benefits from high footfall and a commanding position overlooking St Thomas Square.
The property is located on one of the main thoroughfares from the High St and St Thomas's Square through to the Bus Station and a selection of large national retailers.
Newport is the County Town of the Isle of Wight and offers a variety of shopping amenities, churches, doctors, hospital and transport links. The town is within approximately a 15 minute drive of the Red Funnel ferry service in East Cowes and approximately 20 minutes of the Wightlink ferry service in Fishbourne.
DESCRIPTION
Offered to lease is this spacious commercial unit in the heart of Newport Town Centre.
The property offers approximately 1650 sq ft over two floors:
Ground floor:
Retail 14.90m x 5.70m (48'11" x 18'8")
Retail 5.50m x 3.50m (18'1" x 11'6")
Store 4.70m x 3.50m (15'5" x 11'6")
Store Room 3.00m x 2.39m (9'10" x 7'10"
WCs
First Floor:
Stock Room 4.66m x 3.15m (15'3" x 10'4")
Staff Room 4.15m x 3.80m (13'7" x 12'6")
Office 3.14m x 1.64m (10'4" x 5'5")
Cupboard
WC
EPC: C
SERVICES
The unit benefits from mains electricity, water and drainage.
TERMS
The premises is available upon a new full repairing and insuring lease for a term to be agreed.
Rent: £24,000 per annum exclusive.
OUTGOINGS
The VOA shows a ratable value of £17,500. Rates payable will be circa £8,900. Please direct all enquiries to the Valuation Office Agency.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or commercial@hrdiw.co.uk.
