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£305,000 pa

(£2.05/sq. ft. pa)

Industrial to let

PO30
148,975 sq. ft

£305,000 pa

(£2.05/sq. ft. pa)

Industrial to let
PO30

    • 148,975 sq. ft

About this property

    Situated in Newport, one of the key towns on the Isle of Wight, this property offers excellent connectivity and functionality for industrial operations. Located within The St Cross Business Park, just 0.7 miles from the A3020 and A3054, the unit is part of a thriving and well-connected industrial area. Nearby occupiers include Vestas Offshore Windblades UK Ltd, Eurocell, Howdens, Toolstation, Gurit, the nhs, Rheinmetall, Johnson Electrical, Southern Housing Group, Glanvilles Damant Legal Services and Screwfix, amongst others - offering a strong commercial ecosystem.

    The unit benefits from 4 loading doors, a minimum eaves height of 7.5m rising to 11m at the apex, polished, floated concrete floors, and ancillary office accommodation across the ground and first floors.

    The property was most recently used for manufacturing and associated storage, but it is well-suited for a variety of uses, including distribution, industrial, and warehouse operations.

    Externally, the site provides parking for 70 cars and has two access points, one of which is shared. The developed site area extends 2.8 acres (1.13 ha) and the site coverage is 44%.

    The property is available under a new full repairing and insuring (Fri) lease, with terms to be agreed. The asking rent is £305,000 per year (approx. £5.26 per sq ft).

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