Property details
- Property type
- Mixed Use, Offices, Other Commercial, Retail
- Availability
- Available now
- Rent
- OIRO £21,750 – £2,175 per annum
- Floor area
- 2,174 sq ft / 202.0 m²
- Lease terms
- New lease
- Service charge
- Service charge payable – amount to be confirmed.
- VAT
- No VAT
- EPC
- Commissioned
- Parking
- Parking by arrangement
- Reference
- prop-394
Property overview
Unit 6 provides approximately 2,174 sq ft (202 m²) of first-floor commercial accommodation within Kings Chambers on High Street in the heart of Newport city centre.
The property is currently presented in shell condition, providing an incoming occupier with the opportunity to design and complete a fit-out tailored to their own operational requirements.
The accommodation comprises a substantial and flexible first-floor space with a combination of larger open areas and partially formed internal sections. Exposed structural and partition framing, generous floor areas and good natural light provide considerable scope to create a modern office, studio, training or other commercial workspace.
A significant benefit of Unit 6 is its own dedicated entrance at ground-floor level, providing independent access to the first-floor accommodation rather than relying on the principal shared entrance serving other occupiers within Kings Chambers.
The floor plan also shows male and female WC accommodation within the Unit 6 demise together with ancillary/storage areas. Prospective occupiers should satisfy themselves as to the current condition and suitability of these facilities as part of their inspection.
Utility services can be installed or adapted to suit the final occupier configuration, and fibre connectivity is available within Kings Chambers.
The shell condition gives an occupier flexibility over the final specification, layout, finishes and services, subject to landlord approval and any statutory consents required.
The accommodation would particularly suit professional offices, creative businesses, consultancy, administration, training and other office-based occupiers seeking substantial self-contained city-centre space.
Unit 6 is available now
Key features
- Unit 6 provides approximately 2,174 sq ft (202 m²) of first-floor commercial accommodation within Kings Chambers on High Street in the heart of Newport city centre.
- The property is currently presented in shell condition, providing an incoming occupier with the opportunity to design and complete a fit-out tailored to their own operational requirements.
- The accommodation comprises a substantial and flexible first-floor space with a combination of larger open areas and partially formed internal sections. Exposed structural and partition framing, generous floor areas and good natural light provide considerable scope to create a modern office, studio, training or other commercial workspace.
- A significant benefit of Unit 6 is its own dedicated entrance at ground-floor level, providing independent access to the first-floor accommodation rather than relying on the principal shared entrance serving other occupiers within Kings Chambers.
- The floor plan also shows male and female WC accommodation within the Unit 6 demise together with ancillary/storage areas. Prospective occupiers should satisfy themselves as to the current condition and suitability of these facilities as part of their inspection.
- Utility services can be installed or adapted to suit the final occupier configuration, and fibre connectivity is available within Kings Chambers.
- The shell condition gives an occupier flexibility over the final specification, layout, finishes and services, subject to landlord approval and any statutory consents required.
- The accommodation would particularly suit professional offices, creative businesses, consultancy, administration, training and other office-based occupiers seeking substantial self-contained city-centre space.
- Unit 6 is available now
Accommodation
| Area | Sq ft | m² |
|---|---|---|
| First-Floor | 2174 | 202 |
Location
Kings Chambers occupies a prominent position on High Street in the heart of Newport city centre.
The property is within a short walk of Newport Railway Station, Newport Bus Station, Newport Market and Friars Walk Shopping Centre.
A wide range of cafés, restaurants, banks, retail outlets and professional businesses are located nearby, making the property an excellent base for customer-facing businesses and professional occupiers.
The building also benefits from convenient access to the A4042 and Junctions 25 & 26 of the M4 motorway.
Lease terms
The premises are available by way of a new Full Repairing and Insuring (FRI) lease on flexible terms from 5 to 25 years, with lease length, break options and rent review provisions available by negotiation.
A rent deposit equivalent to three months' rent may be required, subject to covenant strength.
The rent is exclusive of business rates, service charge, utilities and insurance.
Business rates
The current Rateable Value is to be confirmed.
Interested parties should make their own enquiries with the Valuation Office Agency and Newport City Council regarding the current assessment and the availability of any Small Business Rates Relief or other relief that may apply.
Service charge
A service charge will be payable towards the maintenance, management and operation of Kings Chambers, including the communal areas and shared building services.
The current service charge budget and payment arrangements are to be confirmed.
VAT
The property is not elected for VAT.
No VAT is payable on the rent.
Legal costs
Each party will be responsible for its own legal and professional costs incurred in the transaction.
Viewing arrangements
Strictly by prior appointment through Imperial Commercial Lettings.
Telephone: 02922 520108
Website: rentthisspace.co.uk
