TO LET Prominent High Street Retail Units - Fletcher Morgan
TO LET Prominent High Street Retail Units 137-140 Commercial Street Newport NP20 1LN
LOCATION
RATES
The units occupy a prominent position within the pedestrianised zone of Commercial Street in Newport. The units are within walking distance of the new Friars Walk Shopping Scheme with occupiers that include Cineworld, TopShop, M&S, New Look, H&M and Debenhams.
Unit 137 138/139 140
Retailers in the immediate vicinity of the subject units include Deichmann, Coffee #1, Primark, Game and Caffe Nero.
Rateable Value £94,000 £74,000 £29,000
Rates Payable (15/16) £45,308 pa £35,668 pa £13,978 pa
We strongly advise all interested parties they must rely on their own enquiries to relevant Local Authority Rates department. V.A.T.
DESCRIPTION All figures quoted are exclusive of V.A.T. where applicable. The properties comprise a terrace of buildings arranged to provide retail units on the ground floor with ancillary storage accommodation at basement and upper floor levels.
ENERGY PERFORMANCE RATING On application to agents.
The ground floor retail of all three units has suspended ceilings with air-conditioning systems. Staff accommodation is located on the first floor of each unit.
LEGAL COSTS
All three units benefit from rear access for deliveries.
Each party is to bear their own legal and professional costs incurred in the transaction.
ACCOMMODATION
VIEWING
Please see availability schedule on page 2.
Strictly by appointment with Sole Agents Fletcher Morgan.
TENURE
Contact: Matthew Jones/Richard Ryan
New leases available. RENTAL 137 Commercial Street - £63,000 pax 138/139 Commercial Street - £46,000 pax 140 Commercial Street - £17,000 pax
[email protected] [email protected]
029 2037 8921
Availability Schedule 3.1
137 Commercial Street Metric
Imperial
Net Frontage
14.63 m
48.3 ft
Shop Depth
26.67 m
87.5 ft
333.6 sq m
3,591 sq ft
Ground Floor Sales Zone A
1,767 sq ft ITZA
Ground Floor Ancillary
69.12 sq m
744 sq ft
369.28 sq m
3,975 sq ft
772 sq m
8,307 sq ft
Metric
Imperial
Net Frontage
10.74 m
35.3 ft
Shop Depth
26.83 m
88.5 ft
128.2 sq m
3,435 sq ft
1st Floor Ancillary Total 3.2
138/139 Commercial Street
Ground Floor Sales Zone A
1,380 sq ft ITZA
1st Floor Ancillary
474.57 sq m
1,557 sq ft
2nd Floor Ancillary
73.48 sq m
791 sq ft
69.77 sq m
751 sq ft
746.02 sq m
8,027 sq ft
Metric
Imperial
4.3 m
14.1 ft
23.09 m
75.9 ft
Ground Floor Sales
86.67 sq m
933 sq ft
Ground Floor Ancillary
14.86 sq m
60 sq ft
rd
3 Floor Ancillary Total 3.3
140 Commercial Street
Net Frontage Shop Depth
Zone A st
483.5 sq ft ITZA
1 Floor Ancillary
57.97 sq m
624 sq ft
2nd Floor Ancillary
45.24 sq m
487 sq ft
36.51 sq m
393 sq ft
241 sq m
2,596 sq ft
rd
3 Floor Ancillary Total
“Fletcher Morgan (and its subsidiaries and their joint agents where applicable) for themselves and for the vendors or lessors of this property for whom they act, give notice that: (i) these particulars are a general outline only, for guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) Fletcher Morgan cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy; (iii) no employee of Fletcher Morgan (and its subsidiaries and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property ; (iv) rents quoted in these particulars may be subject to VAT in addition; (v) Fletcher Morgan (and its subsidiaries where applicable) will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and (vi) the reference to any plant, machinery, equipment, services, fixtures or fittings at any property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such for their requirements. 19/05/2016
“Fletcher Morgan (and its subsidiaries and their joint agents where applicable) for themselves and for the vendors or lessors of this property for whom they act, give notice that: (i) these particulars are a general outline only, for guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) Fletcher Morgan cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy; (iii) no employee of Fletcher Morgan (and its subsidiaries and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property ; (iv) rents quoted in these particulars may be subject to VAT in addition; (v) Fletcher Morgan (and its subsidiaries where applicable) will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and (vi) the reference to any plant, machinery, equipment, services, fixtures or fittings at any property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such for their requirements. 19/05/2016
LOCATION
RATES
The units occupy a prominent position within the pedestrianised zone of Commercial Street in Newport. The units are within walking distance of the new Friars Walk Shopping Scheme with occupiers that include Cineworld, TopShop, M&S, New Look, H&M and Debenhams.
Unit 137 138/139 140
Retailers in the immediate vicinity of the subject units include Deichmann, Coffee #1, Primark, Game and Caffe Nero.
Rateable Value £94,000 £74,000 £29,000
Rates Payable (15/16) £45,308 pa £35,668 pa £13,978 pa
We strongly advise all interested parties they must rely on their own enquiries to relevant Local Authority Rates department. V.A.T.
DESCRIPTION All figures quoted are exclusive of V.A.T. where applicable. The properties comprise a terrace of buildings arranged to provide retail units on the ground floor with ancillary storage accommodation at basement and upper floor levels.
ENERGY PERFORMANCE RATING On application to agents.
The ground floor retail of all three units has suspended ceilings with air-conditioning systems. Staff accommodation is located on the first floor of each unit.
LEGAL COSTS
All three units benefit from rear access for deliveries.
Each party is to bear their own legal and professional costs incurred in the transaction.
ACCOMMODATION
VIEWING
Please see availability schedule on page 2.
Strictly by appointment with Sole Agents Fletcher Morgan.
TENURE
Contact: Matthew Jones/Richard Ryan
New leases available. RENTAL 137 Commercial Street - £63,000 pax 138/139 Commercial Street - £46,000 pax 140 Commercial Street - £17,000 pax
[email protected] [email protected]
029 2037 8921
Availability Schedule 3.1
137 Commercial Street Metric
Imperial
Net Frontage
14.63 m
48.3 ft
Shop Depth
26.67 m
87.5 ft
333.6 sq m
3,591 sq ft
Ground Floor Sales Zone A
1,767 sq ft ITZA
Ground Floor Ancillary
69.12 sq m
744 sq ft
369.28 sq m
3,975 sq ft
772 sq m
8,307 sq ft
Metric
Imperial
Net Frontage
10.74 m
35.3 ft
Shop Depth
26.83 m
88.5 ft
128.2 sq m
3,435 sq ft
1st Floor Ancillary Total 3.2
138/139 Commercial Street
Ground Floor Sales Zone A
1,380 sq ft ITZA
1st Floor Ancillary
474.57 sq m
1,557 sq ft
2nd Floor Ancillary
73.48 sq m
791 sq ft
69.77 sq m
751 sq ft
746.02 sq m
8,027 sq ft
Metric
Imperial
4.3 m
14.1 ft
23.09 m
75.9 ft
Ground Floor Sales
86.67 sq m
933 sq ft
Ground Floor Ancillary
14.86 sq m
60 sq ft
rd
3 Floor Ancillary Total 3.3
140 Commercial Street
Net Frontage Shop Depth
Zone A st
483.5 sq ft ITZA
1 Floor Ancillary
57.97 sq m
624 sq ft
2nd Floor Ancillary
45.24 sq m
487 sq ft
36.51 sq m
393 sq ft
241 sq m
2,596 sq ft
rd
3 Floor Ancillary Total
“Fletcher Morgan (and its subsidiaries and their joint agents where applicable) for themselves and for the vendors or lessors of this property for whom they act, give notice that: (i) these particulars are a general outline only, for guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) Fletcher Morgan cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy; (iii) no employee of Fletcher Morgan (and its subsidiaries and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property ; (iv) rents quoted in these particulars may be subject to VAT in addition; (v) Fletcher Morgan (and its subsidiaries where applicable) will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and (vi) the reference to any plant, machinery, equipment, services, fixtures or fittings at any property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such for their requirements. 19/05/2016
“Fletcher Morgan (and its subsidiaries and their joint agents where applicable) for themselves and for the vendors or lessors of this property for whom they act, give notice that: (i) these particulars are a general outline only, for guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract; (ii) Fletcher Morgan cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy; (iii) no employee of Fletcher Morgan (and its subsidiaries and their joint agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property ; (iv) rents quoted in these particulars may be subject to VAT in addition; (v) Fletcher Morgan (and its subsidiaries where applicable) will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and (vi) the reference to any plant, machinery, equipment, services, fixtures or fittings at any property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such for their requirements. 19/05/2016
