Property Information
Address:
11 Charles Street, Newport
, NP20 1JU
Price: Rent: £8,500 Per Annum
Size: 1030 sq ft96 sqm
Primary Category: Office
All Categories:
Office,
Property Ref/Movehut: MH610102
Property Ref/Agent: 11 Charles Street, Newport, NP20 1JU
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
The City is located in a prime strategic location standing at the gateway between England and Wales. It benefits from excellent access to the M4 and wider motorway network. The City has an immediate population of approximately 137,000. Newport is currently undergoing major changes; this is yielding a much improved environment for people to live, work and visit.
The property is on Charles Street located just off of Commercial Street. The new Friars Walk development is in close proximity providing in excess of 390,000 sq ft of retail and leisure space, home to many national retailers including Debenhams, Cineworld and Next. Surrounding occupiers are a mixture of office, retail and leisure uses with occupiers including The Secret Garden Café, The Job Centre, The Camera Centre and many more. All the amenities of the city centre are available within walking distance.
DESCRIPTION
The subject accommodation comprises the first and second floor office space with its own dedicated entrance off Charles Street to the front. To the first floor is a large open plan office to the front with a smaller office off to the side and male and female WC’s and a fitted kitchen to the rear. To the second floor is a main office with 2 smaller offices off to the side and a useful landing/ lobby area. The accommodation benefits from perimeter trunking, CAT II lighting, fire and security alarm systems and electric wall mounted heaters.
ACCOMMODATION
First Floor Offices 50.66sq m (545 sq ft)
Second Floor Offices 45.08 sq m (485 sq ft)
TOTAL 95.74 sq m (1,030 sq ft)
PLANNING
We understand that the property benefits from planning consent for office use. However, we recommend that interested parties make their own enquiries to the local authority.
RATING ASSESSMENT
RATEABLE VALUE: £7,000
RATES PAYABLE (2018/19): £3,598*
* Some occupiers may qualify for ‘small business relief’ which will provide a discount on this figure. Interested parties should contact the business rates department at Newport City Council for more information.
TENURE
The property is available by way of a new lease on flexible terms. The quoting rent is £8,500 per annum, exclusive.
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