Light Industrial for rent

Description

The unit provides modern, light industrial/business space that has been built to a high specification and is well suited for a range of uses including storage, light industrial or manufacturing. This is a popular and busy trading location and this unit provides the perfect working environment for small or growing businesses or simply those in need of more space.
Location

Newport is the third largest city in Wales and acts as the commercial/business centre for the majority of South East Wales. Estuary Court is situated within Queensway Meadows Industrial Estate, which is one of the principal established industrial estates in Newport. The estate is approximately 3 miles to the south-east of the city centre and 15 miles to the east of Cardiff. The estate is located in close proximity to the new Southern Distributor Road (sdr) which provides direct access to Junction 28 of the M4 motorway.
Accommodation

Gross Internal Area 1,406 sq ft (130.6 sq m)
Tenure and terms

Unit 18 is available on a new Internal Repairing lease for a term of years to be agreed.
Rent / price

£12,750 per annum (Excl.) VAT payable in addition.
Rateable value

Occupiers will be responsible for Business Rates.

Rateable Value £9,300 (2017 Listing).

Rates payable £4,976 per annum (2020/21 Multiplier 53.5 pence).

The unit currently qualifies for an element of small business rates relief.

Please contact Newport County Borough Council for additional information.
Estate service charge / building insurance

There is a fixed maintenance charge payable to contribute towards the upkeep of the exterior of the property and common parts of the estate.

The Estate Maintenance Charge is £1,600 per annum (Excl.)

The Landlord insures the Building and recovers the annual premium from the Tenant - the current Building Insurance premium is £130 (Excl.)
Legal costs

Each party responsible for their own legal costs.
Energy performance certificate

To be re-assessed.
Further information

For additional information or to arrange a viewing please contact Jenkins Best