Industrial for sale in Speke Street, Newport NP19

Location

The City of Newport is located in a prime strategic location close to
the border of England and Wales. It benefits from excellent access to
the M4 motorway and wider motorway network and provides regular
train services to London Paddington. The City has an immediate
population of approximately 137,000.

The property is located on Speke Street, Maindee on the outskirts of
Newport City Centre. It is well located for serving the city centre but
also provides easy access to the M4 at junctions 25 or 26.
Surrounding occupiers are largely residential but is close to Chepstow
Road which includes a range of retail occupiers.

Description

The property is a two storey end of terrace building providing
warehouse and office accommodation.

The ground floor is predominately warehouse space with a WC and
staircase to the first floor to the rear. Access is via an electric roller
shutter door measuring 2.13m wide and 2.18m high and a
pedestrianised door.

The first floor provides office accommodation with carpet flooring, strip
lighting, wall mounted power sockets and double glazing.
Externally there is on street parking.

Accommodation

Ground Floor 38.51 sq m (415 sq ft)
First Floor 39.30 sq m (423 sq ft)
Total: 77.81 sq m (838 sq ft)

Planning

We understand that the property benefits from planning consent for
industrial use. However, we recommend that interested parties make
their own enquiries to the local authority.

Local authority

Newport City Council:
Tel: Rating assessment
We believe the property is included on the rating list as “The Old
Workshop”, Adjacent to 4 Speke Street, Newport” and has the
following assessment:-
rateable value: £2,850
rates payable: £0
As the property has a rateable value of below £6,000, the vast majority
of occupiers will qualify for 100% rates exemption under small
business relief.

Tenure

The freehold interest in the property is available. We are seeking
offers of £99,950.