About this property
A fantastic opportunity to lease office space in the heart of Newport Town Centre.
LOCATION
Situated in Newport Town Centre, this property is within walking distance to the bus station, shopping areas and amenities.
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 for lease is this purpose built office building in the heart of Newport Town Centre.
The property is laid out as such that it can be sub divided and sub let or the landlords would consider relocating the current occupiers and the property could be let as a whole.
The property was constructed in the early 1990’s and offers parking to the side and rear for circa 10 vehicles and lift access to all floors.
Accommodation is offered over 3 floors and laid out as follows:
Ground Floor
Public entrance with reception area
Open plan office space
WC’s
Stores
Hallway with access to lift
Stairs to first floor
Retail unit to the side
Two secondary stairwells
First Floor
Accessed via lift and three stairwells
Open plan office space
Separate office unit
Second Floor
Accessed via lift and two stairwells
Hallway with 10 x offices off
WC’s
Kitchen
Externally
The property is accessed via a set of small steps to the front or a ramp providing disabled access. Pedestrian access are provided to both stairwells via the side and rear of the property. Off road parking is accessed via a driveway to the right of the unit and parking is arranged for approximately 10 vehicles including undercroft parking. Refuse and plant area.
Approximate accommodation to each floor as follows:
Floor Sq m Sq ft
Ground Floor 241.68 2601.44
First Floor 301.30 3243.20
Second Floor 215.90 2323.95
This schedule doesn’t include WC facilities.
The construction of the internal offices is such that internal alterations to layout can be made to the majority of the offices if required.
SERVICES
The property has mains gas, electric, water and drainage.
TERMS
Our client is asking £7.50 per square foot for rental of the office space. Terms to be negotiated.
OUTGOINGS
The VOA shows a rateable value of £55,500. Using the current UBR the rates payable would be circa £28,500pa for the whole building.
PARKING NOTES
Off road parking for circa 10 vehicles, dependant on the office space leased, parking spaces will be allocated at approximately 3 per floor.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or email commercial@hrdiw.co.uk
