Key features
- Only one office unit remaining at this popular location in the centre of Newport
- The office is approximately 10.2m² (100ft²), in this building in Newport’s main shopping area
- The premises is close to Newport’s various car parks, shops, and other amenities
- Rent of £166 p.m. (£1,992 p.a.) plus VAT on an all-inclusive basis (please see description overleaf for more detail)
LOCATION
Located in the heart of Newport, the Island's County town, above the TSB premises in the centre of the High Street and benefitting from access to parking off Lugley Street to the rear. Newport is the Island's county town and undoubted commercial centre. The immediate population is around 25,000 with a catchment of around 60,000 when operating as the comparison-shopping centre for the entire Island population of around 140,000. Continued investment in the town from major brands such as B&M Stores ensures its importance as a retail and leisure centre.
DESCRIPTION
Second Floor Office suite in recently totally re-furbished building, thus updated and very well presented with LED lighting, fire alarm systems etcetera. There is only one office remaining. All offices benefit from communal toilets and kitchenette areas. Please see table below for details of size and rental figures. All rents plus VAT but are inclusive of: Electricity, Water and Heating. The heating will be set to run from 7.00 a.m. to 7.00 p.m. All offices will also have telephone and internet connections and power sockets. Please see floor plan overleaf for further detail.
Office & rent details
Office 7 (Second Floor) 10.2m² (110 ft²) £166 p.m. (£1992 p.a.) (+VAT)
The Lease
The offices are available by way of a 3-year lease, provided by the landlord, with a rolling tenant’s option to break which can be taken at any point after 9 months with a minimum of a 3 month written notice period.
Uniform Business rate
Each office is individually rated and as long as the premises are the sole premises commercially registered for the occupier/company 100% rate relief should be available under the Government's small business rate scheme. Interested parties should make their own enquiries of the Isle of Wight Council, Business Rates by telephoning 01983 821000.
Viewing
Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Dot Lucy on 01983 301434.
E: gchambers@gullyhoward.com or dlucy@gullyhoward.com
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