Property description
LOCATION
The property occupies a busy trading location in Newport town centre, adjacent The Entertainer, in the run between McDonalds and Phones4U, and opposite Costa and TopShop/ TopMan.
DESCRIPTION
Arranged over ground and first floors, the premises comprise the following approximate net internal areas and dimensions:
Ground floor sales: 845 sq ft (78.38 sq m)
Ground floor store (potential retail): 248 sq ft (23 sq m)
1st floor staff/ store: 625 sq ft (58.14 sq m)
Internal width 22ft 6 ins (6.86m) max
Shop depth 64ft 4ins (19.61m) max
TERMS
The property is held under two fully repairing and insuring leases both expiring 31 January 2014 and is offered as a sublet for the remainder of the unexpired term, or by way of new leases on terms to be agreed.
BUSINESS RATES
We understand the property is assessed as follows:
Rateable value £35,000, rates payable £16,030pa (2012-13 multiplier 0.458)
LEGAL COSTS
Each party is to be responsible for its own costs incurred in any transaction
CONTACT
Nick Callaghan - nickcallaghan@hrdiw.co.uk or Lisa Mercer - lisamercer@hrdiw.co.uk at this office or Tom Dymond of joint agents SGP (0207 788 8989) - thomas.dymond@sgp.co.uk.
Property Features :
- Prime Retail Unit To Let
- Town Centre Location
- £37,800 pax