Property description
LOCATION
The premises are located in Lugley Street, one of the side roads off of Newport Town Centre, within a mix of residential and commercial properties.
DESCRIPTION
The offices available to the ground floor with the following approximate net internal areas and dimensions:
Ground floor office space 26m2 (527ft2)
The property has recently been refurbished and is compliant with all current office standards and offers parking for several cars.
To the first and second floors are further office space but under the new permitted development laws may be converted to provide 2 bedroom residential accommodation. This space is not able to be split from the ground floor so would provide ideal accommodation for anyone looking to run a business and have living accommodation in Newport Town Centre.
RENT
£13,500 pa for the office space, exclusive of rates and other outgoings.
TERMS
The above are available on a new lease with contributions towards the insurance.
Business Rates
We are verbally advised by the rating authority (023 8053 8500) as follows:
From April 2012, provisionally: RV £4,700 @ UBR .450p. Rates Payable £2115pa approx.
Legal Costs
The ingoing tenant would be required to contribute towards the landlords legal fees incurred in setting up the lease.
Property Features :
- Offices to Let
- Fully Refurbished to High Standard
- Off Road Parking
Property Info: