Property Full Details
The property is situated on Beaumaris Road which connects with New Street and then to the High Street within the town of Newport, Shropshire. Newport is a market town within the Borough of Telford and Wrekin, situated approximately 6 miles north of Telford and 12 miles west of Stafford on the Shropshire / Staffordshire border. Access to junction 3 of the M54 motorway is via the A529 or A41 approximately 9 miles distant.
Newport town centre provides a range of local and national amenities and services with retailers including Subway, Greggs, Coral, Ladbrokes, Boots, B & M together with High Street Banks namely, Barclays, Lloyds, TSB, HSBC, Halifax and Nat West. Food retailers on the edge of town include Waitrose and The Co-Operative.
Newport is recognised as having one of the best educational systems within the County and includes Adams Grammar School, Newport Girls High and Harper Adams University situated on the outskirts of town.
The property is situated in a mixed use residential / commercial area with immediate surrounding occupiers including commercial users, office premises, village community hall and care home.
The property comprises a single storey building on a sloping site. Pedestrian access to the property is to the right and rear elevations with the main service access to the right elevation. The property is of brick wall construction under a flat roof. The windows to the property are UPVC units.
Internally the floors are painted with painted plaster walls, suspended ceilings and a combination of LED and fluorescent lighting. The premises have been internally partitioned and include open plan offices, production room, store , compressor house, reception, ladies and gents WC and staff canteen.
Access to the property is off Beaumaris Road leading alongside the right elevation. At the rear of the property there is a small parking area for approximately 2 cars.
The property has the following Gross Internal Area:
GIA 302.78 sq m (3259 sq ft)
We understand that mains water, electricity and drainage services are located in the vicinity of the site. Interested parties should make their own enquiries with the appropriate suppliers regarding any connection arrangements.
The premises are available to let on a new sublease upon terms to be agreed, subject to landlords consent.
The premises are held by virtue of a head lease granted for a term of 7 years from the 7th December 2015 expiring on 6th December 2022. The reserved rent is £22,800 per annum exclusive subject to a rent review on the 7th December 2017.
The Valuation Office agency website provides a rateable value of £9,900 on the 2010 listing and £12,250 on the draft 2017 listing.
All figures quoted are exclusive of VAT which may be payable under the prevailing rate.
Each party is to be responsible for their own legal costs in connection with this matter.
Strictly by prior appointment with the sole agent, Barbers:
Tel: 01952 221220
1 Church Street