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Unit 2 Spytty Road, Newport, NP19 4QQ
Use Class
E
Size
12,464 sq ft
Rent pa
POA
Market Sector
Retail & Shopping Park
Description
The retail units form part of an atrium within the new 140,000 Tesco Extra Food Store. The atrium comprises 17 units at ground and first floor accessed internally from the Tesco Store car park which comprises in excess of 900 spaces.
The Tesco Store enjoys excellent prominence from Spytty Road adjacent to the established Newport Retail Park with new stores such as M&S, H&M, River Island, JD Sports, Bank and Costa Coffee joining the likes of Next, Asda Living, New Look, Outfit and Boots.
Newport Retail Park has recently been designated a district centre with over 4,000 new homes planned and is the city’s principle out of town retail park.
Location
The city of Newport is located on the banks of the River Usk, approximately 31 miles West of Bristol and approximately 12 miles East of Cardiff. Newport has an urban population of over 139,000 with over 373,000 within 30 minutes drive of the site. The scheme itself is located approximately 4 miles south-east of the town centre (A455) which forms part of the Southern Ring Road link with the M4 J24, approximately 1 mile away.
Accommodation
12,464 Sq.Ft
Financial
Lease Term
Units to be available on new effectively full repairing and insuring lease by way of service charge on terms to be agreed.
Service Charge
£1 per sq. ft. with annual increases linked to RPI thereafter.
Tenure
Leasehold
Disclaimer
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.
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