Office to let

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 at the heart of Newport City Centre on the
corner of Baneswell Road. Nearby occupiers include a number of
offices including solicitors and estate agents.

Description

The property is a two storey building providing office space. The
property benefits from suspended ceiling with lighting, perimeter
trunking and carpeted floors.

The ground floor is predominately open place with three separate
offices. Separate Kitchen and WC facilities are available.

The first floor accommodation is cellular with separate kitchen and a
number of WC facilities.

Access to the property is available to the front and side. To the front
of the property is time limited on street parking. Further pay and
display parking is available close by.

Accommodation

Ground Floor 128.75 sq m (1,386 sq ft)
First Floor 129.41 sq m (1,393 sq ft)
Total: 258.16 sq m (2,779 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.

The property may be suitable for re development for a variety of
alternative uses, subject to planning.

Local authority

Newport City Council:
Tel: Rating assessment
rateable value: £29,000
rates payable: £15,515

EPC

An EPC has been ordered and will be provided shortly.

Tenure

The freehold interest in the property is available. We are seeking
offers in excess of £215,000 exclusive. The property may also be
available to let at a rent of £20,000 per annum.