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Grays Walk 1,460 SF of Office Space Available in Newport PO30 1TD
Highlights
- Situated a few steps from St. James Square and the main Town Centre of Newport
- Could suit a variety of occupiers, subject to any necessary consents
- Modern development
- Main entrance door off the central courtyard of Grays Walk
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 7 | 1,460 SF | Negotiable | $14.74 /SF/YR $1.23 /SF/MO $21,514 /YR $1,793 /MO | Fully Repairing & Insuring |
1st Floor, Ste 7
An unusual opportunity to lease first and second floor office accommodation, either floor by floor or in combination within ‘Grays Walk’. First and Second floor offices in the heart of Newport Town Centre – available to rent singly or in combination by way of a new commercial lease or leases, with basic terms by negotiation. However, any lease granted will effectively be 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 tenant will be liable for their own contents and public liability insurance. The Landlord will reserve the right to exclude the lease from the security provisions of the Landlord & Tenant Act 1954, Part II. A service charge applies – details on application. Rental Guides: First Floor @ £16,000 p.a.x. / Second Floor @ £8,000 p.a.x. / The Whole - £22,000 p.a.x. The accommodation can be taken as a whole, floor by floor, or potentially subdivided further by negotiation. Tenants may also, subject to Landlord’s consent and any appropriate licences, sub-let any surplus space within their own letting demise. Please note that Scotcher & Co have not checked the suitability or serviceability of any fixtures, fittings or equipment, including any heating systems, as it is the responsibility of the ingoing tenant to satisfy themselves in this regard.
- Use Class: E
- Partially Built-Out as Standard Office
- Fits 4 - 12 People
- 9 Private Offices
- Central Air Conditioning
- Reception Area
- Drop Ceilings
- Energy Performance Rating - E
- DDA Compliant
- Demised WC facilities
- Self-contained office
- Space: FF @ 1,460ft² / SF @ 1,000ft²
- Kitchen/staff facility
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 | 1,460 SF | Gross Leasable Area | 13,522 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,460 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 13,522 SF |
| Year Built | 1970 |
About the Property
Situated a few steps from St. James Square and the main Town Centre of Newport, this is a modern development linking Pyle Street with Scarrots Lane to the rear, and is home to a number of independent traders on the ground floor and offices on the first and second floors. The offices are approached via the main central courtyard, and could suit a variety of occupiers, subject to any necessary consents. Newport itself is the County Town and administrative centre for the Island and, as such, is constantly busy. There are of course a great many commercial and other facilities within the Town Centre, and opportunities such as this are rarely available. Grays Walk is of traditional and conventional construction, with the available accommodation as briefly outlined overleaf.
Nearby Major Retailers
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Grays Walk
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