Semi-detached industrial/warehouse unit with retail potential and providing approximately 1,576 sq m (16,960 sq ft) gross internal area of accommodation.
Situated on the Maesglas Retail Park an established industrial estate located just 1 mile or so south west of Newport City Centre.
Immediately available To Let under terms of a new FRI Lease for a term of years to be agreed at an asking rental of £46,750 per annum exclusive.
The property is located on the established Maesglas Retail Park located approximately 1 mile to the south west of Newport City Centre.
Junction 28 of the M4 Motorway Network is approximately 2 miles to the west accessed via the southern distributor roadway. The Retail Park is adjacent to Maesglas Industrial Estate and immediately opposite 28 East Retail Park.
The property briefly comprises of a semi-detached industrial/warehouse unit constructed around a steel portal frame with brick and blockwork to lower elevations and insulated steel cladding to roof and upper elevations with the roof incorporating translucent light panels.
The main warehouse space has a mono-pitch roof with 5.25m to eaves and 7.3m to apex.
The property has the benefit of 8 no. up and over doors to side elevation and two roller shutter doors to rear elevation opening out onto a concrete surfaced yard with shared access with the adjoining occupier.
The property has the benefit of an internally constructed office and ancillary block providing for separate male and female WC's, general admin office and staff kitchen/ canteen.
Industrial/Warehouse Space - 1,473.25 sq m (15,852 sq ft)
Office/Ancillary - 103 sq m (1,108 sq ft)
Total Accommodation - 1,576.25 sq m (16,960 sq ft)
The property is immediately available To Let under terms of a new FRI Lease for a term of years to be agreed.
Asking Rental £46,750 per annum exclusive.
To be advised.
All figures quoted are exclusive of VAT if applicable.
Each party to be responsible for their own legal costs incurred in the transaction.
We are advised that the property has an existing planning consent for B8 Warehousing and Distribution Use. We understand that historically the property has been used for retail/showroom use for there is potential there for subject to planning for trade counter/retail showroom use.
Strictly by appointment only through
sole letting agents:
Messrs Watts & Morgan LLP
Tel: (01656) 644288
Email: [email protected]
Please ask for Dyfed Miles or Kate Harris