Industrial for sale

Libeneth Road, Newport NP19

Description

The property provides two industrial units of steel frame construction
and concrete floors. The units are of identical construction and are
connected via a pedestrian access door, which can be locked if the
units are to be let separately. Alternatively, this can be opened up further.

The units benefit from wall mounted three phase power, strip lighting
and a minimum eaves height of 3.19m. Access to the property is via
a pedestrian door and a roller shutter door for each unit of 2.99m by
2.99m. Each unit has separate office accommodation and WC
facilities.

There is secure and gated access to the property including a yard
area suitable for storage and parking.
Accommodation

Unit 2A sq m unit 2B sq m
Warehouse 97.23 96.59
Office 8.97 8.97
WC 3.92 3.92
Total: 110.12sq m (1185 sq ft) 109.48 (1178 sq ft)
Planning

We understand that the property benefits from planning consent for
industrial use. However, we recommend that interested parties make
their own enquiries to the local authority.
Local authority

Newport City Council:
Tel: Rating assessment
unit 2A unit 2B
rateable value: £4,400 £4,250
rates payable: £2,354 £2,273
Some occupiers may qualify for “small business relief” which will provide a
discount or full exemption on the above figures. Interested parties should
contact Newport City Council for more information.
Energy performance certificate

Certificates are available for both units with an E rating, available on
request.
Tenure

We have been instructed to seek offers in excess of £185,000.
VAT

We are advised that the property is not elected for VAT. However, interested parties are advised to make their own enquiries.