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12 Parkhurst Rd 6,373 SF of Industrial Space Available in Newport PO30 5HT
HIGHLIGHTS
- Extensive premises comprising showrooms, workshop and storage
- Well-placed for a variety of occupiers
- Parking and yardage
- High profile location overlooking the junction of Parkhurst Road
ALL AVAILABLE SPACE(1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- SPACE USE
- CONDITION
- AVAILABLE
The 2 spaces in this building must be leased together, for a total size of 6,373 SF (Contiguous Area):
Overall understood to be Freehold. In the event of a letting, this will be by way of a new commercial lease, effectively on a full repairing and insuring basis, with the Landlord to insure the building and the tenant to pay their share of the premium. The Landlord may reserve the right to exclude any lease from the security provisions of the Landlord & Tenant Act 1954, Part II, and the lease will be subject to 5-yearly upward-only rent reviews if appropriate. Other terms by negotiation. Rental guide £55,000 p.a.x. + VAT. Also listed for sale freehold at £450,000.
- Use Class: B8
- Secure Storage
- Demised WC facilities
- Yard
- Ancillary Ground Floor Office
- Mezz-Deck Storage
- Includes 105 SF of dedicated office space
- Automatic Blinds
- Energy Performance Rating - D
- Showroom
- Main Workshop
- Welfare and WC facilities
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| Ground, Mezzanine | 6,373 SF | Negotiable | $11.50 /SF/YR $0.96 /SF/MO $73,280 /YR $6,107 /MO | Industrial | Shell Space | Pending |
Ground, Mezzanine
The 2 spaces in this building must be leased together, for a total size of 6,373 SF (Contiguous Area):
| Size |
|
Ground - 5,489 SF
Mezzanine - 884 SF
|
| Term |
| Negotiable |
| Rental Rate |
| $11.50 /SF/YR $0.96 /SF/MO $73,280 /YR $6,107 /MO |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| Pending |
Ground, Mezzanine
| Size |
Ground - 5,489 SF
Mezzanine - 884 SF
|
| Term | Negotiable |
| Rental Rate | $11.50 /SF/YR |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | Pending |
Overall understood to be Freehold. In the event of a letting, this will be by way of a new commercial lease, effectively on a full repairing and insuring basis, with the Landlord to insure the building and the tenant to pay their share of the premium. The Landlord may reserve the right to exclude any lease from the security provisions of the Landlord & Tenant Act 1954, Part II, and the lease will be subject to 5-yearly upward-only rent reviews if appropriate. Other terms by negotiation. Rental guide £55,000 p.a.x. + VAT. Also listed for sale freehold at £450,000.
- Use Class: B8
- Includes 105 SF of dedicated office space
- Secure Storage
- Automatic Blinds
- Demised WC facilities
- Energy Performance Rating - D
- Yard
- Showroom
- Ancillary Ground Floor Office
- Main Workshop
- Mezz-Deck Storage
- Welfare and WC facilities
PROPERTY OVERVIEW
The premises have for many years traded as a hire centre, but are now available (subject to any necessary consents) for alternative uses and with vacant possession on legal completion. The property is detached and of mixed construction, and enjoys the benefit of good parking to the main frontage and a very useful additional secure yard to the rear. The premises occupy an extremely high profile location overlooking the junction of Parkhurst Road, one of the main thoroughfares into Newport Town Centre, with Medina Way, which is the dual carriageway linking Newport with the main road to Cowes, thus providing excellent profile and communications to all parts of the Island. Newport itself is the County Town and administrative centre and main commercial hub for the Island and, as such, is constantly busy, with near neighbours to the unit to include B&Q, Dodnor Industrial/Trading Estate and St. Mary’s Hospital. Cowes, a short drive to the north, is home to the Red Funnel’s Red Jet Hi-Speed passenger ferry service to Southampton.
SHOWROOM FACILITY FACTS
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12 Parkhurst Rd
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