High Street, Newport, PO30 1BQ

High Street Property to rent

£12,500 per annum


A great opportunity to lease a retail unit on Newport High Street. 100% small business rates relief.

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 Red House Spa and Poundstretcher with Card Factory, George Bull & Sons and Rutherford Opticians being close by.



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 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
SERVICES
The property has electricity water and drainage.
TERMS
Our client is asking £12,500 per annum 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 premises is currently eligible for 100% business rates relief.

The VOA shows a rateable value of £13,750, rates payable approx. £6,930 per annum. The landlord informs us the premises is currently 100% rate free. Enquiries to be directed to the IOW Council – 01983 821000.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk