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Hurstake Rd 3,200 SF of Flex Space Available in Newport PO30 5UU

Highlights
- Modern industrial / warehouse unit
- Prominent position within popular Riverbank Estate
- Excellent access to Newport Town Centre, Cowes and the wider Island road network
- Located within the highly sought-after Newport location
- Parking to front
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
The 2 spaces in this building must be leased together, for a total size of 3,200 SF (Contiguous Area):
The unit itself is end terrace and has in recent years undergone an extensive refurbishment programme. The premises currently provide approximately 3,200ft² (297.29m²) GIA. Incorporates WC facilities, a modern electrically-operated roller-shutterdoor, back of house storage with lightweight stores over, plus secondary lobby and personal entrance. Recessed area for display, with access through to the main area, comprising a variety of display rooms with a wide central corridor. Originally offering clear-span accommodation measuring some 81’(24.69m) deep x 39’9’’ (12.12m), with excellent eaves height and incorporating WC facilities, a modern electrically-operated roller-shutter door, some back of house storage with lightweight stores over, plus secondary lobby and personal entrance. Beyond the roller-shutter door is a recessed area for display, with access through to the main area, comprising a variety of display rooms with a wide central corridor, all arranged as suitable for the existing tenants and can remain in situ for a new tenant to take over responsibility. Alternatively, they can be removed to free up the gross internal area. Further photos are available upon request indicating the current internal fit-out. Approached via a shared service road, and with parking to the front of the unit. We understand that the lease also incorporates a small grassed area to the side of the premises. Tenure: Will be by way of a new lease, with terms to be negotiated, effectively on a full repairing and insuring basis with, if appropriate, three-yearly upward-only rent reviews, with the Landlord to insure the building and the tenant to pay their share of the premium. The lease will be excluded from the security provisions of the Landlord & Tenant Act 1954, Part II. Rental Guide – £28,000 P.A.X
- Use Class: B8
- Automatic Blinds
- Demised WC facilities
- Excellent eaves height
- Variety of display rooms
- Modern electric roller-shuttered door
- Secure Storage
- Energy Performance Rating - D
- Extensive fit-out to comprise show-rooms
- Incorporates WC facilities
- Secondary lobby with personal entrance
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| Ground - 9, 1st Floor - 9 | 3,200 SF | Negotiable | $11.74 /SF/YR $0.98 /SF/MO $37,559 /YR $3,130 /MO | Flex | Partial Build-Out | Now |
Ground - 9, 1st Floor - 9
The 2 spaces in this building must be leased together, for a total size of 3,200 SF (Contiguous Area):
| Size |
|
Ground - 9 - 1,600 SF
1st Floor - 9 - 1,600 SF
|
| Term |
| Negotiable |
| Rental Rate |
| $11.74 /SF/YR $0.98 /SF/MO $37,559 /YR $3,130 /MO |
| Space Use |
| Flex |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
Ground - 9, 1st Floor - 9
| Size |
Ground - 9 - 1,600 SF
1st Floor - 9 - 1,600 SF
|
| Term | Negotiable |
| Rental Rate | $11.74 /SF/YR |
| Space Use | Flex |
| Build-Out | Partial Build-Out |
| Available | Now |
The unit itself is end terrace and has in recent years undergone an extensive refurbishment programme. The premises currently provide approximately 3,200ft² (297.29m²) GIA. Incorporates WC facilities, a modern electrically-operated roller-shutterdoor, back of house storage with lightweight stores over, plus secondary lobby and personal entrance. Recessed area for display, with access through to the main area, comprising a variety of display rooms with a wide central corridor. Originally offering clear-span accommodation measuring some 81’(24.69m) deep x 39’9’’ (12.12m), with excellent eaves height and incorporating WC facilities, a modern electrically-operated roller-shutter door, some back of house storage with lightweight stores over, plus secondary lobby and personal entrance. Beyond the roller-shutter door is a recessed area for display, with access through to the main area, comprising a variety of display rooms with a wide central corridor, all arranged as suitable for the existing tenants and can remain in situ for a new tenant to take over responsibility. Alternatively, they can be removed to free up the gross internal area. Further photos are available upon request indicating the current internal fit-out. Approached via a shared service road, and with parking to the front of the unit. We understand that the lease also incorporates a small grassed area to the side of the premises. Tenure: Will be by way of a new lease, with terms to be negotiated, effectively on a full repairing and insuring basis with, if appropriate, three-yearly upward-only rent reviews, with the Landlord to insure the building and the tenant to pay their share of the premium. The lease will be excluded from the security provisions of the Landlord & Tenant Act 1954, Part II. Rental Guide – £28,000 P.A.X
- Use Class: B8
- Secure Storage
- Automatic Blinds
- Energy Performance Rating - D
- Demised WC facilities
- Extensive fit-out to comprise show-rooms
- Excellent eaves height
- Incorporates WC facilities
- Variety of display rooms
- Secondary lobby with personal entrance
- Modern electric roller-shuttered door
Property Overview
Modern industrial / warehouse unit located within the highly sought-after Newport location. Occupying a prominent position within popular Riverbank Estate, opportunities to acquire units of this specification within the estate are relatively rare. Situated within the Riverbank Estate, one of the Island's most established commercial locations.
Warehouse Facility Facts
Select Tenants
- Floor
- Tenant Name
- Industry
- Multiple
- H S Europe Ltd
- Wholesaler
- Multiple
- Jollyes
- Retailer
Presented by
Hurstake Rd
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