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52 High St 624 SF of Retail Space Available in Newport PO30 1SB
HIGHLIGHTS
- Parking located close by
- Occupying a prime location within the main High Street of Newport
- Good mix of local business in the area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 624 SF | Negotiable | $32.08 /SF/YR $2.67 /SF/MO $20,020 /YR $1,668 /MO | Fully Repairing & Insuring |
Ground
A prime-located retail unit with upper floors – available on a new lease or potentially to purchase in the heart of the Island’s main Town Centre. Available to rent by way of a new commercial lease, effectively on a full repairing and insuring basis and with, if appropriate, five-yearly, upward-only rent reviews. The Landlord may reserve the right to exclude any lease from the security provisions of the Landlord & Tenant Act 1954, Part II. Other terms by negotiation. Rental guide £15,000 p.a.x. (VAT not applicable).
- Use Class: E
- Partially Built-Out as Standard Retail Space
- Drop Ceilings
- Secure Storage
- Energy Performance Rating - C
- Demised WC facilities
- Formally used as standard retail use
- Recessed entry door
- Double display windows
- Storage, staff, kitchen and single WC facilities
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 | 624 SF | Gross Leasable Area | 1,062 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 624 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,062 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Ground floor: A retail unit of some 37’4’’ deep x max. width of 16’3’’, with the unit benefiting from double display windows and a recessed entry door, plus a suspended ceiling and tiled floor. The shop is backed by a small side office and a lobby with staircase up to the first floor. The current ground floor sales area is some 624ft² (58m²). First floor: Incorporating storage, staff, kitchen and single WC facilities, plus lobby and fire exist, with access via a trapdoor and pull-down ladder to the second floor, currently used as further storage. The first floor provides some 438ft² (40.7m²) overall. Occupying a prime location within the main High Street of Newport, which in turn is the County Town and administrative centre for the Island and, as such, is constantly busy. The town continues to be the Island’s commercial hub, and the town and its outskirts continue to expand each year. Near neighbours to the property include Vodafone, B&M, The Card Factory, Poundland, WH Smith, and a soon to be developed new Tesco Express store, all providing excellent footfall and trading conditions. The premises could suit a wide variety of appropriate Town Centre uses, and early interest is encouraged. The property is mid-terraced and traditionally constructed over three floors.
- Energy Performance Rating - C
NEARBY MAJOR RETAILERS
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52 High St
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