Unit 33a, Kingsway Centre

Kingsway
Newport, NP20 1HY

Use Class E

2,660 sq ft

£38,500

Use Class

Size

2,660 sq ft

Rent pa

£38,500

Marketed by Savills

Last updated 03/02/2020

Key Points

Adjacent to the £100m Friars Walk Shopping Centre
Principal city centre shoppers’ car park
The premises are located immediately inside the main entrance
The premises have recently been refurbished

The property has recently been refurbished and available part-fitted with retail accommodation arranged over the ground floor with access to ancillary / storage area.

The Kingsway Shopping Centre provides over 250,000 sq ft of mass market retail and is immediately adjacent to the £100m Friars Walk Shopping Centre, where tenants include H&M, JD, Wagamama, M&S and Next.

The Kingsway provides the principal city centre shoppers’ car park and brands trading in the scheme include Wilko, Sainsbury’s, Poundland, Peacocks, Starbucks and Principality Building Society.

The premises are located immediately inside the main entrance, adjacent to Sainsbury’s and opposite Starbucks and Eurochange.

Viewing

Strictly by prior arrangement only.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor Sales	1,460	135.6
Ancillary / Storage	1,200	111.4

Financial

Lease Type

New Lease

Lease Term

Available by way of a new effectively full repairing and insuring lease on terms to be agreed.

Rent

Rent is exclusive of rates, insurance and VAT (if applicable).

Rates

Interested parties are advised to make enquiries of the Local Authority.

Rateable Year:	2019
Rateable Value:	£25,250.00
Rates Payable:	£13,281.00
UBR:	52.6p/£

Costs

Each party to be responsible for their own legal and professional costs incurred in this transaction.

Service Charge

The combined annual service charge and buildings insurance contribution for the current year is estimated to be c. £10,111.

Sustainability

Energy Performance Certificate

Last Updated

03/02/2020

Misrepresentation Notice

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.