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£2,333 pcm | £28,000 pa

Retail property (high street) to rent

High Street, Newport

£2,333 pcm | £28,000 pa

Retail property (high street) to rent

High Street, Newport

Description

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Letting details

Property description

LOCATION
The premises occupy a very prominent position in a buys trading location on Newport High Street. Neighbouring businesses include Halifax and Mountain Warehouse with Waterstones, Accessorize, Monsoon and The Works being close by. It benefits from being situated opposite St James' Square, a very busy thoroughfare linking the High Street to the South Street shopping and bus precinct.

DESCRIPTION
The property is Grade II Listed and accommodation is arranged over 3 floors with the following approximate areas and dimensions:
Gross Frontage 3.9m (12ft 9")
Ground Floor Retail 44 sq m (475 sq ft)
First and Second Floor Ancillary 66 sq m (711 sq ft)

Current use of this property is A1 Retail under the Use Classes Order 2005.

TERMS
The premises are available on a new full repairing and insuring lease at an initial rent of £28,000 per annum exclusive of rates and other outgoings.

OUTGOINGS
The VOA shows a rateable value of £22,500, using the current UBR of 0.493 this shows rates payable as circa £11,095 per annum.

LEGAL COSTS
Each party is to be responsible for its own costs incurred in any transaction.

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

Floor plans

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Call 01983 507916

DISCLAIMER

Property reference 101276031312. 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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