164 commercial street - Fastly

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164 COMMERCIAL STREET NEWPORT NP20 1JN.

100% PRIME SHOP TO LET

T 029 20 346346

www.coark.com

The property is located within a 100% prime position on the pedestrianised Commercial Street close to the main entrance into the newly built Friars Walk Shopping Centre. Adjacent occupiers are Iceland and Wildings Department Store. Other occupiers in the immediate vicinity include Costa Coffee, Boots, Halifax, CEX, The Works, Waterstones and W H Smith. DESCRIPTION

ACCO M M O DAT I O N

The property is a four storey building over ground and three upper floors. Access is provided directly from Commercial Street, whilst rear delivery access is provided from Stow Hill into the rear of the first floor. The ground floor is well configured with a sales area to the first floor.

The property provides the following approximate areas and dimensions:-

TERMS

50letmetres The property is available to on the basis of a new 10 year lease via full repairing and insuring terms subject to 5 yearly upwards only reviews. Quoting rent

Gross frontage Net frontage Built depth Ground floor sales

9.4m

31 ft 00 ins

8.0m

26 ft o4 ins

227.68 sq.m

2,989 sq ft

Experian Goad Plan Created: 09/03/2017 Created 34.8m By: Cooke 114 ft Arkwright 03 ins

Copyright and confidentiality Experian, 2017. © Crown copyright andfloor sales First 249.63onsq.m 2,687 ft For more information our products and sq services: £70,000 pax database rights 2017. OS 100019885 www.experian.co.uk/goad | [email protected] | 0845 601 6011

R AT E A B L E VA L U E The 2017 draft rateable value for the property is:-

Rateable value:

£47,750

Rates payable:

£23,827

Interested parties are encouraged to make their own enquiries with the Local Rating Authority.

Second floor storage

61.13 sq.m

658 sq ft

Third floor storage

60.29 sq.m

649 sq ft

W/C PLANNING We understand that the property benefits from A1 planning consent although other uses will be considered subject to the tenant obtaining all necessary planning permission.

L E G A L CO S T S

VAT VAT is payable to the rent.

Each party to bear its own costs in dealing with this transaction.

E P C R AT I N G D-99

VIEWING

REF: BD/100297 – MARCH 2017

To be arranged via sole letting agents:-

Ben Davies [email protected] 029 2034 6311

7/8 Windsor Place, Cardiff CF10 3SX | T 029 20 346346 www.coark.com

Huw Thomas [email protected] 029 2034 6312

Regulated by

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars will be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

T 029 20 346346

www.coark.com