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40-41 Commercial St, Newport

Shop to rent

£7.92 psf 2,525 sq ft

E J Hales
Property type

Shop to rent

Full address
40-41 Commercial St, Newport NP20 1HP – Newport
Property owner
Australian Mutual Provident Society
Rent
£7.92 psf
Available space range
There is 1 space available. This measures 2,525 sq ft.
Features
Security system, Storage space
Brochure
Download the brochure
Contacts

Philip Gwyther - E J Hales

Phillip Morris - E J Hales

All available space

Ground - Retail Available

2,525 sq ft, £20,000 per annum, available 30 days

Floor Ground
Address 40-41 Commercial St, Newport, Gwent, NP20 1HP, GB
Size 2,525 sq ft
Available 30 days
Price £20,000 per annum
Business Rate £22,230.50
Use class A3 (Restaurants and Cafes)
Amenities Energy Performance Rating - C
  • He property comprises ground and first floor retail together with storage/office accommodation at first and second floor.
  • The property is held by way of a full repairing and insuring lease for a term of 10 years starting february 2018, subject to an upward only rent review in february 2023. there is a tenant option to break in february 2023. rent is £20,000 pax exclusive up until february 2020, with rent then increasing to £40,000 pax.
  • The property may be used for uses within class a1 or a combined mixed use of class a21/a3 as a coffee house.
PDF #1 Marketing brochure/flyer Download
Service type Fully repairing and insuring
Term expires Feb 2028
Space type Assignment
Space use Retail
Date on market Dec 2018

Property facts for 40-41 Commercial St, Newport

The property comprises a building of masonry construction arranged over four floors which offers retail accommodation.

The property is located on the corner of Commercial Street and Llanarth Street in the centre of Newport. It is close to Junction 28 of the M4 motorway and Newport Railway Station.

Building subtype
Storefront
Number of storeys
4
Rentable building area
4,589 sq ft
Year built
1990

Attachments

PDF #1 Marketing brochure/flyer Download

This shop to rent is located in Newport.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to E J Hales. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact E J Hales for full details and further information.