B1, B2 and B8 industrial or office ground floor rates exempt modern starter units available to buy or lease in a variety of sizes and configurations.
Situated to the north of Newport town centre, the Island's County Town. The property is located in the Islands largest Industrial and business area and neighbouring occupiers include Gurit, Vectawave Technology and the DVSA. St Cross Business Park is just opposite and houses occupiers such as NHS, Glanvilles Damant solicitors and The Care Learning Centre.
Newport is the hub of the Island and offers great links to Cowes and Ryde with easy access via passenger ferry to Southampton and Portsmouth. The car ferries at Fishbourne and East Cowes are also within a short drive.
Available is Block C, a modern R&D and light industrial accommodation which is available in a variety of sizes and configurations to lease.
Sizes range from starter units of some 900ft² (83.6m²) upwards in bay multiples, over one or two floors as appropriate suitable for a variety of occupiers, subject to any necessary consents.
The building is of a modern steel framed construction and is currently in a shell finish however, our clients are prepared to consider a fit out to specific requirements from the current specification to a fully finished Grade A open plan office accommodation.
Electrically operated up-and-over roller shutter style doors are available separately if required as is a choice of windows/front door arrangements.
The site will be fully DDA compliant with services ready for connection.
The plan attached is for identification purposes only and is not to scale but shows the core areas that will serve the first floor via a lift, stairs and shared WCs.
Parking allowance is one space per 380 ft² (35.3m²) occupied.
The units are available to purchase on the basis of 999-year ground leases (effective freeholds). Prices from £75,000 per single bay dependent on finish required.
on new flexible leases, with rentals calculated from £8.50 per sq ft + VAT through to £12.50 per sq ft + VAT, subject to terms and specification by way of new commercial lease arrangements, subject to terms and effectively on a full repairing and insuring basis.
Rental applicants are asked to note that a variable service charge will apply to cover external areas and car parking, and in the event of an occupier having use of the main Core facilities a further service charge will include servicing of shared internal areas.
Otherwise, the Landlord will insure the building with the tenant to pay their appropriate portion of the premium.
The property will need to be re-rated upon occupation by the VOA.
VAT is payable on this property.
To be confirmed.
All viewings to be arranged via HRD Commercial on 01983 527727 or Scotcher and Co 01983 822228.
Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.
Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.
Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.