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Albany Chambers 1-2 Commercial St 505 SF of Retail Space Available in Newport NP20 1HE

HIGHLIGHTS
- City Centre Location near Regenerated Newport Market
- There are pay and display car parking sites nearby
- Walking Distance to Newport Train Station
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 505 SF | Negotiable | $39.64 /SF/YR $3.30 /SF/MO $20,020 /YR $1,668 /MO | TBD |
Ground
The retail unit is available to let by way of a new lease direct with the landlord at a rent of £15,000 plus VAT exclusive. A service charge will also be payable by the tenant and details are available upon request.
- Use Class: A1
- Partially Built-Out as Standard Retail Space
- Secure Storage
- Energy Performance Rating - D
- Demised WC facilities
- Retail Accommodation to Let
- Ground Floor Recently Redecorated
- 917 Sq Ft (85.23 Sq M)
- Quoting £15,000 plus VAT
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS
| Total Space Available | 505 SF | Gross Leasable Area | 917 SF |
| Property Type | Retail | Year Built | 1880 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 505 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 917 SF |
| Year Built | 1880 |
ABOUT THE PROPERTY
The property is two floor retail accommodation. The ground floor benefits from laminate flooring, walls sockets, suspended ceiling with lighting and shutters to the doors and windows. The shop frontage and feature windows cover both commercial and skinner street and have the benefit of internal shutters. The first floor has separate WC facilities and a kitchen area. This benefits from carpeting, strip lighting and wall sockets. The City of Newport is located in a prime strategic location close to the border of England and Wales. It benefits from excellent access to the M4 motorway and wider motorway network and provides regular train services to London Paddington. The City has an immediate population of approximately 137,000. The property is located on Commercial Street, just off High Street in Newport City Centre. Nearby occupiers include masseurs, hairdressers, Sports Direct, What a Party amongst others.
NEARBY MAJOR RETAILERS
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Albany Chambers | 1-2 Commercial St
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