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44 Commercial St 3,097 SF of Office Space Available in Newport NP20 1LP
Highlights
- Former Café Nero premises
- Excellent road communications, being adjacent to junctions 24-28 of the M4 motorway
- 5-storey property with significant potential
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
The 4 spaces in this building must be leased together, for a total size of 3,097 SF (Contiguous Area):
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, 1st Floor, 2nd Floor, 3rd Floor | 3,097 SF | Negotiable | $10.86 /SF/YR $0.91 /SF/MO $33,643 /YR $2,804 /MO | Fully Repairing & Insuring |
Ground, 1st Floor, 2nd Floor, 3rd Floor
The 4 spaces in this building must be leased together, for a total size of 3,097 SF (Contiguous Area):
Mid-terraced five-storey retail premises extending to approximately 3,097 sq ft in the pedestrianised area of Commercial Street, Newport. The property is arranged over basement, ground and three upper floors and previously traded as Café Nero, providing an open-plan coffee shop with customer seating and ancillary accommodation at ground floor level, with the basement and upper floors providing staff and further ancillary accommodation. The property is available by way of a new full repairing and insuring lease for a term of years to be agreed at a quoting rent of £25,000 per annum exclusive of VAT.
- Use Class: B1
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Security System
- Smoke Detector
- Former Café Nero premises
- Ground floor sales area of 1,077 SF
- Quoting rent £25,000 pa
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 | 3,097 SF | Gross Leasable Area | 4,236 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 3,097 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,236 SF |
| Year Built | 1920 |
About the Property
The property comprises a mid-terraced 5-storey premises of traditional brick construction under a pitched tiled roof arranged over basement, ground and three upper floors. The property previously traded as Café Nero providing an open-plan coffee shop with customer seating and ancillary accommodation at ground floor level with the basement and upper floors providing staff and further ancillary accommodation.
- Energy Performance Rating - E
- Storage Space
Nearby Major Retailers
Presented by
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44 Commercial St
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