Long Leasehold of industrial unit available for purchase
Summary
- Established and well located industrial and distribution area with good access to South Wales and South West England
- Securable yard and parking area
- 5.1m minimum internal height
- Two storey office accommodation
- Two ground level loading doors
- Ease of access to the A48 and subsequently the M4 at junctions 24 - 28
Accommodation
The accommodation comprises the following approximate areas:
| Name | sq ft | sq m | Availability |
| Ground - Warehouse | 16,673 | 1,548.97 | Available |
| Ground - Office | 3,994 | 371.05 | Available |
| 1st - Office | 2,839 | 263.75 | Available |
| Ground - Reception | 203 | 18.86 | Available |
| Total | 23,709 | 2,202.63 |
Location
The unit is located just of Stephenson Street on Mariner Way, an established industrial distribution area approximately 1.5 miles from Newport City Centre and which provides ease of access to the A48 and subsequently to the M4 motorway within 10 mins, via junctions 24 to 28. Surrounding occupiers include Hydra flow, Royal Mail, Cogent Power and Owens Group.
Get directions from Google Maps
Mainline Stations
-
Newport (South Wales)33 mins
-
Pye Corner53 mins
-
Rogerstone83 mins
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Risca and Pontymister108 mins
Underground Station
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Reading1670 mins
-
Twyford1758 mins
-
Maidenhead1871 mins
-
Taplow1905 mins
Further Information
Price Offers in the region of £1,100,000
Rates Payable £24,700.50 per annum This is a guide - please verify with the VOA.
Description
Unit 2 provides a steel and concrete frame warehouse with corrugated asbestos roof. Two floor internal office accommodation and customer reception area. There are two ground level loading doors at side elevation, both fronting on to a large yard / parking area which could be secured.
Viewings
Please contact sole agents, Savills.
Terms
The long leasehold is available to purchase for a term expiring 21 June 2095 (70+ years unexpired).
There is a ground rent payable, currently £586.52 per annum
Price
Offers sought in excess of £1,100,000 excluding VAT for the long leasehold interest.
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