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High Street, Newport - High Street, Newport
Let Agreed
  • High Street, Newport - High Street, Newport
  • High Street, Newport - High Street, Newport
High Street, Newport - High Street, Newport

£12,000

High Street, Newport

    Description

    LOCATION
    Situated to the top end of the High Street in a popular location for multinationals and boutique and local traders alike, this unit neighbours Solent Beds & Furniture and The Florist with Card Factory, George Bull & Sons and Rutherford Opticians being close by.

    DESCRIPTION
    The property offers retail space to the ground and first floors plus storage/office space to the second floor. There is further storage to the third floor.

    Ground Floor:
    Retail space of approximately 56 sq. m (612 sq. ft)
    Kitchen area
    WC
    Internal Storage
    Courtyard Garden

    First Floor:
    Galleried space for Retail/Office use
    Store
    WC

    Second Floor:
    Office/Storage space approx. 30 sq m (322 sq ft)

    Third Floor:
    Storage

    The current tenants are due to vacant by November 2025 but will accommodate the new tenant if they wish to take the property on prior.

    This unit has most recently traded under A1 retail of the Use Classes Order 2005 but would be suitable for a variety of different uses subject to gaining the necessary consents.

    SERVICES
    The property has electricity water and drainage.

    TERMS
    Our client is asking £12,000 per annum plus VAT for a new full repairing and insuring lease, terms and length to be negotiated. Incentives available including a rent-free period for the right tenant.

    OUTGOINGS
    The VOA shows a rateable value of £9,900. Estimated rates payable will be circa £5,200 without any applicable relief. Please direct any enquiries to the Valuation Office Agency. The landlord informs us the premises is currently 100% rate free.

    VIEWING
    All viewings to be arranged via HRD Commercial. Please contact on 01983 527727 or commercial@hrdiw.co.uk

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    Location

    High Street, Newport

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