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Savoy Court Town Ln 800 - 4,574 SF of Retail Space Available in Newport PO30 1AR
HIGHLIGHTS
- Good road connections
- High footfall
- Close to residential
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 800-4,574 SF | 1-15 Years | $14.68-$83.92 /SF/YR $1.22-$6.99 /SF/MO $67,135 /YR $5,595 /MO | Fully Repairing & Insuring |
Ground
Offered to lease is a large corner unit, fronting Pyle Street and Town Lane, which is currently approximately 425 sq m (4574 sq ft) overall. The property provides modern floorspace with off street staff parking to the rear. With a concrete floor and suspended celling the property is capable of being sub-divided to provide a potential range of units sizes from 75 sq m (800 sq ft) upwards. The unit also offers great display windows to the front and side, ladies and gents WCs, kitchenette and a storage room. The property is available to lease as one whole unit at £11 + VAT per square foot (£50,300 PA) or as smaller individual units at £15 + VAT per square foot each.
- Use Class: E
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Drop Ceilings
- Secure Storage
- Demised WC facilities
- Wc/staff amenities
- Lots of natural light
- Storage room
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.
SELECT TENANTS AT SAVOY COURT
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Solent Beds & Sofas Ltd
- Retailer
- -
- Regional
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Solent Beds & Sofas Ltd | Retailer | - | Regional |
PROPERTY FACTS
| Total Space Available | 4,574 SF | Property Subtype | Storefront Retail/Residential |
| Min. Divisible | 800 SF | Gross Leasable Area | 4,574 SF |
| Property Type | Retail | Year Built | 1950 |
| Total Space Available | 4,574 SF |
| Min. Divisible | 800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,574 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
Situated in Newport Town Centre the property occupies a busy corner position close to St Thomas' Square and on a main pedestrian route from the High Street to Marks and Spencer. Newport is the principle town of the Island, with a population circa 25,000 (2021 census) and offers amenities including St Marys Hospital, various primary and secondary schools, doctors surgeries, churches, cinema and the Isle of Wight County Hall.
- Energy Performance Rating - B
- Storage Space
NEARBY MAJOR RETAILERS
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Savoy Court | Town Ln
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