Commercial St, Newport NP20 1LN

For rent £29,500 per annum (from)
1,072 to 1,252 sq ft
over 1 year ago. Cooke & Arkwright
Address
Commercial St, Newport NP20 1LN
Contact details
Rent
£29,500 per annum (from)
Property type
Shop, retail unit to rent
Features
Telephone system
Size
1,072 to 1,252 sq ft

The property is located within a good position on the pedestrianised Commercial Street with adjacent occupiers being Superdrug and The Co-operative Travel. with other nearby occupiers including Primark, Greggs, Thomas Cook and Lloyds Bank.
The property is a four storey building. It Is currently split with the retail sales area on the ground floor and ancillary space on the three uppers.
The property is available to let on the basis of a new lease on full repairing and insuring terms, for a term to be agreed, with upwards only rent reviews at five yearly intervals, at a rent of £29,500 pax.
The property provides the following approximate areas and dimensions:-
The property has been granted an A3 planning consent and therefore consideration will be given to A1, A2 and A3 Occupiers.
Close Send email [LtnIMWeREmMgy ] Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

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National rail 0.6m Newport (S Wales)
Nearest airport 29.5m Bristol

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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 Cooke & Arkwright. 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 Cooke & Arkwright for full details and further information.