Property Information
Address:
175 Commercial Street, Newport, Newport
, NP20 1JN
, Newport
, United Kingdom
Price: Rent: £25,000 Per Annum
Size: 957 sq ft89 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH669523
Property Ref/Agent: 100012297
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: October 31, 2024
Property description
The property is located in a prime position on the pedestrianised Commercial Street, close to one of the entrances to Friars Walk Shopping Centre. Occupiers in the nearby vicinity are Sports Direct, Card Factory, Barclays Bank and The Works.
DESCRIPTION
The premises comprises two storeys over ground and first floor. Access is provided directly from Commercial Street. The ground floor is well configured. Access to the rear is provided via Stow Hill.
TERMS
The property is available to let on the basis of a new lease via effective full repairing and insuring terms.
Quoting rent £25,000 pax
RATEABLE VALUE
The 2017 Rateable Value for the property is:-
Rateable value: £15,000
Rates payable: £ 7,935
Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
VAT
VAT will be payable in addition to the rent.
EPC RATING
F - 129
ACCOMMODATION
The property comprises of the following approximate areas and dimensions:
Gross Frontage 5.13 m 16 ft 10 ins
Net Frontage 4.41 m 14 ft 06 ins
Shop Depth/Built Depth 20.56 m 67 ft 05 ins
Shop Width 4.64 m 15 ft 03 ins
Ground Floor Sales 88.92 sq m 957 sq ft
Ground Floor Stores 21.19 sq m 228 sq ft
First Floor Ancillary 48.93 sq m 527 sq ft
PLANNING
We understand that the property benefits from A1 use however other uses will be considered subject to the tenant obtaining all necessary planning consents.
LEGAL COSTS
Each party to bear its own costs
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