Industrial to let
Unit 18, Newport Business Centre, Corporation Road, Newport NP19
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Established industrial, distribution and trade location
- Close proximity to Southern Distribution Road and M4 motorway
- Severn Bridge tolls now abolished
- 1 No. Level loading door
- Estate benefits from CCTV and 24 hour access
- Unit currently benefits from an element of small business rates relief
Property description
Description
Mid-terraced light industrial / warehouse currently benefitting from an element of small business rates relief.
Location
Newport Business Centre is an established industrial and distribution estate located approximately 1.5 miles to the south east of the city centre of Newport. Corporation Road links to the Newport southern distributor road providing excellent road links to the M4 via junctions 24 to the east and 28 to the west. The estate is in close proximity also to abp Port of Newport and Newport Retail Park.
Accommodation
2,314 sq ft (214.97 sq m). Gross Internal Area
Truss roof construction - minimum eaves height 4.5 metres
1 No. Level roller shutter door, width 4.2 metres, height 4.2 metres
WC facility
Estate benefits from CCTV and 24 hour access
Unit currently qualifies for an element of small business rates relief (16.6%)
Tenure and terms
Unit 18 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.
Rent / price
£15,000 per annum (Excl.) VAT payable in addition.
Rateable value
Rateable Value £11,000 (2023) List, Current Multiplier 56.2 pence, rates payable £6,182 per annum* Currently qualifies for an element of small business rates relief (16.6%) contact Newport Council for additional information.
Estate service charge / building insurance
An estate service charge is levied to cover the cost of the maintenance and upkeep of the common parts of the estate. The current annual estate maintenance charge applicable for Unit 18 is £1,645 per annum. VAT payable in addition. Year ending March 2025.
The Landlord insures the Building (not contents) the current annual premium is £634 per annum (Excl.)
Legal costs
Each party responsible for their own legal and professional costs.
Energy performance certificate
D-85
Further information
Please contact joint agents Jenkins Best or Knight Frank / Cooke & Arkwright.
Property info
* Sizes listed are approximations. Please contact the agent to verify actual sizes.
For more information about this property, please contact
JBR Commercial Property Group Ltd T/A Jenkins Best, CF37 on +44 29 2227 9045 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by JBR Commercial Property Group Ltd T/A Jenkins Best, and do not constitute property particulars. Please contact JBR Commercial Property Group Ltd T/A Jenkins Best for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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