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£1,250 pcm | £15,000 pa

Retail property (high street) to rent

High Street, Newport

£1,250 pcm | £15,000 pa

Retail property (high street) to rent

High Street, Newport

Description

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Letting details

Property description

LOCATION
Newport is the Islands principal town and main commercial centre and has a population of about 25,000.

The Islands population is around 140,000 and has high visitor numbers throughout the year particularly during the summer months.

There are frequent ferry services from Portsmouth, Southampton and Lymington to Ryde, Fishbourne, Cowes and Yarmouth.

The property is located on the main retailing area and nearby trades include Edinburgh Woollen Mill, JD Sports, WH Smith, Clarks Shoes, Specsavers, Card Factory and Warren James Jewellers.

DESCRIPTION
These former bank premises are on the ground, first and second floors and comprise the following accommodation with approximate floor areas:

Net Frontage 13'7"
Ground Floor 646 sq ft
First Floor 358 sq ft
Second Floor 329 sq ft

The first and second floors also have a separate street access from Castlehold Lane.

TERMS
The premises are available upon a new full repairing and insuring lease for a term to be agreed (subject to possession).
Rent: £15,000 per annum exclusive.
VAT: The landlord has not opted to tax.

OUTGOINGS
Rateable Value £25,250
Rates Payable (2016/17) approx. £12,095 PA

PLANNING
Previously occupied by Co-Operative Bank. Planning consent for A2 use subject to conditions. Permitted change to A1 retail.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact[use Contact Agent Button].

Property information from this agent

Map

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Nearby services within a 3 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Call 01983 507916

DISCLAIMER

Property reference 101276028250. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson - Newport. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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