Property Information
Address:
35 Malpas Road, Newport
, NP20 5PB
Price: Rent: £12,000 Per Annum
Size: 3365 sq ft313 sqm
Primary Category: Shop
All Categories:
Office, Shop, Newsagents,
Property Ref/Movehut: MH581740
Property Ref/Agent: 35 Malpas Road, Newport, NP20 5PB
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
The City of Newport is located in a prime strategic location close to the border of England and Wales. It benefits from excellent access to the M4 motorway and wider motorway network and provides regular train services to London Paddington. The City has an immediate population of approximately 137,000.
The property is located on Malpas Road approximately 1 mile from the city centre. The area provides a mixture of housing and retail occupiers, including Lavande Designer Wear, Narduzzo Tile Shop, Ladbrokes and Katy’s Café.
DESCRIPTION
The property provides a ground floor lock up shop of regular size, with two additional storage rooms and a WC. The first floor provides two office spaces.
The property benefits from large glazed windows to the front elevation, strip lighting, a mix of carpeted, wooden and concrete flooring throughout, wall mounted power sockets and a security alarm. In addition, the property benefits from a WC.
ACCOMMODATION
Ground Floor Retail 37.81 sq m (407 sq ft)
Ground Floor Storage 98.76 sq m (1,063 sq ft)
First Floor 39.48 sq m (425 sq ft)
Total 176.05 sq m (1,895 sq ft)
PLANNING
We understand that the property benefits from planning consent for A1 Retail as defined in Town and Country Use Class Order 1987. However, we recommend that interested parties make their own enquiries to the local planning authority.
LOCAL AUTHORITY
Newport City Council:
Tel: 01633 656 656
RATING ASSESSMENT
RATEABLE VALUE: £4,900
RATES PAYABLE: (2018/19) £2,519 pa*
* Some occupiers may qualify for ‘small business relief’ which will provide exemption from paying any business rates. Interested parties should contact the business rates department at Newport City Council for more information.
Plans are provided for identification purposes only and are not to be relied upon for any other purpose.
TENURE
The property is available by way of a new lease on flexible terms. We are quoting a rent of £12,000 per annum, exclusive.
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