High Street, NewportCommercial property to let

£15,000
References Pending
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About this property

Opportunity to lease a commercial unit in Newport Town Centre.

LOCATION
Situated in Newport High Street neighbouring business include Rutherfords, Poundstretcher and Edinburgh Woollen Mill. This area is popular with both local boutique and multi national traders.

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.

DESCRIPTION
The property offers accommodation over 3 floors:

Ground Floor
Full display window to the front. Offering approximately 600 sq ft (55 sq m) of ground floor trading space, please note there are three steps in the middle of the unit to access the rear of the ground floor. To the rear is a fitted kitchen and WC. Rear fire access to Pyle Street.
Staircase to first floor.

First Floor
Landing with separate WC.
Fire access.
Office providing approx. 150 sq ft (13 sq m) overall, with bay window to front.

Second Floor
Two further offices/store rooms providing approx. 280 sq ft (26 sq m) plus landing.

SERVICES
The property offers mains electricity, water and drainage.

TERMS
Our client is offering the property on a new lease, terms to be negotiated, at an annual rental of £15,000 or a freehold purchase price guide £150,000.

OUTGOINGS
The VOA shows a current rateable value of £13,000. Using the current UBR of 50.4p the rates payable will be circa £6600, not including any applicable small business rates relief.

VIEWING
All viewings to be arranged via HRD Commercial 01983 527727 or the joint agent Scotcher & Co. 01983 822288.

Map

Brochure

Property Brochure

High Street, Newport

£15,000

Full PDF brochure containing all the details of the property in High Street, Newport - £15,000

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Branch

Newport

The Estate Office, 138 High Street, Newport, Isle of Wight, PO30 1TY

01983 521144

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Opening hours

  • Monday08:30 - 17:30
  • Tuesday08:30 - 17:30
  • Wednesday08:30 - 17:30
  • Thursday08:30 - 17:30
  • Friday08:30 - 17:30
  • Saturday09:00 - 16:00
  • Sunday -

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