Property photos
£15,000 pa
£1,250 pcm
Industrial to let
Unit 18, Newport Business Centre, Corporation Road, Newport NP192,314 sq. ft
Available immediately
Local area information
Property location
Nearby amenities
- Bridge Achievement Centre 0.3 miles
- St Andrew's Primary School 0.6 miles
- Newport (S Wales) Ferry Terminal 0.6 miles
- Newport (South Wales) 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Unfurnished
- 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
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.
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.
More information
Listed by
JBR Commercial Property Group Ltd T/A Jenkins Best
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