Property Type | Industrial/Logistics |
Tenure | To Let |
Size | 9,093 sq ft |
Rent | Rent on application |
Rates Payable | £25,430.50 per annum The Tenant is currently recieving a 80% deduction on the Business Rate (Tenant Paying £4,617 per annum). Interested Parties should make their own enquiries with Newport Council. |
Service Charge | £3,238 per annum |
EPC Rating | This property has been graded as C (66) |
The property is of steel portal frame construction, providing a minimum height of 6.1 metres and maximum eaves height 7.3 metres.
Access is provided via a single level roller door (width 4.4 metres, height 4.9 metres) leading to an open plan warehouse accommodation with ground and first floor offices, kitchen and WC facilities. To the front of the property a generous shared forecourt for loading/unloading and car parking.
Name | sq ft | sq m | Availability |
Unit - 4 | 9,093 | 844.77 | Available |
Total | 9,093 | 844.77 |
Stephenson Street 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 and surrounding occupiers include SPTS, Eaton Electrical and DVSA.
The property is available on a Sub-Lease / Assignment with 3.5 years remaining on the current lease.
Lease commencement date: June 2022;
Lease expiry date: June 2027.
A surrender and granting of a new lease will be considered subject to negotiation.