Commercial development to rent

The property comprises of an attractive , two-storey period building proving a lock up retail unit on the ground floor with ancillary accommodation on the first floor.  It is currently utilised as a vaporiser shop.  The ground floor retail unit enjoys a glazed shop frontage onto the pedestrian walkway with an access off, and has a reverse half-frontage onto St Mary's Street.  Internally, it offers a spacious open plan retail area to the front with wood effect flooring and WC facilities to the rear.  The first floor, which is accessed via an internal staircase, provides additional open plan retail/storage space.

A ground floor retail premises/ shop with two floors for lease. It has two WC's. The first floor has a storage area.

Newport is a thriving market town, which features a diverse range of independent shops, larger chain style stores, supermarkets (including Waitrose), and a variety of leisure facilities. There is a selection of highly regarded primary and secondary schools to choose from, all with excellent OFSTED ratings, including two selective secondary schools (Haberdashers Adams' Grammar School and Newport High School for Girls) and the highly acclaimed Harper Adams University. The market town of The property is within easy commuting distance of Telford (10 miles), Stafford (16 miles) and Shrewsbury (19 miles), all with mainline train stations, wider ranges of shops and leisure facilities, as well as being within close proximity to the M54 J4 (9 miles).

Ground Floor Shop 304 sq. ft (28.2 sq. m)

2 x WC's

First Floor retail/storage area 356 sq. ft (33.10 sqm)

Total area 660 sq. ft (61.30 sqm)

Rent £11,000 PER ANNUM, VAT will be payable on the rent. All figures are quoted exclusive of VAT.

We understand that the mains water, electricity and drainage are available or connected to the property. It should be noted that we have not checked or tested these services and interested parties should make their own enquiries.

Tenure: Leasehold the property will be available to let from February 2024 based on a new full repairing and insuring lease on terms to be agreed.

Rateable Value: According to the Valuation Office Agency website, the rateable value of the property in the 2023 rating list is £8,600. Local authority Telford & Wrekin Council.

TO VIEW THIS PROPERTY: Please contact our Newport Office, 45/47 High Street, Newport, TF10 7AT on[use Contact Agent Button] or email us [use Contact Agent Button]

DIRECTIONS: From our office in the High Street head towards St Nicholas Church. The property is situated mid-way along St Mary's Street and occupies an end of terrace/corner position fronting onto a pedestrian walkway, which links St Mary's Street to the High Street, directly opposite St Nicholas Church. It adjoins a number of local shops.