Monks Brook, NewportCommercial property to let

£7,650
References Pending
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About this property

Modern first floor office space available in a variety of sizes and configurations to lease.

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 includes the soon to be opened French Franks, Gurit, Vectawave Technology and the DVSA. St Cross Business Park is just opposite and houses occupiers such as NHS, Glanvilles Damant solicitors and The Care Learning Centre.

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 to let is Block C, a modern unit offering first floor office space which is available in a variety of sizes and configurations to lease.

Sizes range from starter units of some 900ft² (83.6m²) upwards in bay multiples suitable for a variety of occupiers, subject to any necessary consents.

The building is of a modern steel framed construction and is currently in a ‘shell finish’ however, our clients are prepared to consider a fit out to specific requirements from the current specification to a fully finished Grade A open plan office accommodation.

The site will be fully DDA compliant with services ready for connection.

The plan attached is for identification purposes only and is not to scale but shows the core areas that will serve the first floor offering a lift, stairs and shared WCs.

Parking allowance is one space per 380 ft² (35.3m²) occupied.

TERMS
Available on new flexible leases, with rentals calculated from £8.50 per sq ft + VAT through to £12.50 per sq ft + VAT, subject to terms and specification.

Either by way of new commercial lease arrangements, subject to terms and effectively on a full repairing and insuring basis, OR the units are available to purchase on the basis of 999-year ground leases (effective freeholds).

Applicants are asked to note that a variable service charge will apply to cover external areas and car parking, and in the event of an occupier having use of the main ‘Core’ facilities a further service charge will include servicing of shared internal areas.
Otherwise, the Landlord will insure the building with the tenant to pay their appropriate portion of the premium.

OUTGOINGS
The property will need to be re-rated upon occupation by the VOA.

VAT
VAT is payable on this property.

SERVICE CHARGE
To be confirmed.

VIEWING
All viewings to be arranged via HRD Commercial on 01983 527727 or Scotcher and Co 01983 822228.

Map

Brochure

Property Brochure

Monks Brook, Newport

£7,650

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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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