High Street Retail Property for rent

Malpas Road, Newport NP20


£10,000 per year
£833 per month
878 ft²

Features

  • Available from 27th May 2021
  • Unfurnished

Description

Description


The property is a former bookmakers benefiting from A2 use and provides flexible accommodation with either retail sales or office at the front of the property with further space to the rear including office, kitchen and two WC's.

The property benefits from large glazed windows to the front elevation, LED lighting, wooden effect floor covering, wall mounted power sockets and air conditioning to the retails sales area.
Accommodation


Retail Sales 58.60 sq m (630 sq ft)
Office 15.5 sq m (166 sq ft)
Kitchen 7.66 sq m (82 sq ft)
Total 81.76 sq m (878 sq ft)
Planning


We understand that the property benefits from planning consent for A2 and 1 Retail as defined in Town and Country Use Class Order 1987. However, we recommend that interested parties make their own enquiries to the local planning authority.
Local authority


Newport City Council:

Tel: Rating assessment

rateable value: £9,000
rates payable: (2021/22) £4,815

Retail premises may no rates for the 2021 - 22 financial year. Thereafter, some occupiers may qualify for small business relief' which will provide a 50% discount on the rates payable. Interested parties should contact the business rates department at Newport City Council for more information.
Tenure


The property is available by way of a new lease on flexible terms. We are quoting a rent of £10,000 per annum, exclusive.
Viewing


Should you require further information or wish to arrange a viewing, please contact:-
Andy homer

Categories

High Street Retail Property
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Property reference
CP305D59_75