Commercial Property

Commercial Street, Newport, NP20 1LY
RENT £850 PCM
  • Available
    Available
    Now
  • Energy
    Energy Ratings
    Unknown
    • Flat
      Commercial Property
    • Furnishings
      Not Specified
    • Receptions
      0 Receptions
    • Contract Length
      £850 Bond
    • Commercial
Property ID: #P1679

Property Description

We are pleased to offer this very spacious retail unit situated on the very popular Commercial Street offering a prominent corner spot of the street. Commercial Street as a whole is changing with a large 55 apartment complex being built in the centre of it, along with a further 20 units being offered above the subject property. The property itself from 133-135 Commercial Street is soon to be completely developed and so offering someone the opportunity to take advantage of having a newly refurbished property in a very up and coming area. Furthermore, tremendous investment is being spent in Newport at the moment, along with the Severn Bridge tolls being removed.

The property itself has street access and use to be occupied by sin city comics. The space itself is all open plan and in very good condition. Alterations can be made for the right operator and flexible leases are offered.

Flexible terms are being offered on the premises from 12 months to 5 years. Longer for the correct operator. Below are the key facts:

950 ft² | (88.00 m²)
In the centre of Newport
Prime retail units
Very popular Commercial Street
Longstanding existing businesses nearby
Excellent business opportunity
Flexible terms available
£10,200pa
A2 Planning Use

Please don`t hesitate to contact for more information or to arrange a viewing.

Information about Fees

These fees are our standard fees from February 2018. Unless stated otherwise (whether via email, letter, property advertisement, publication etc…) in writing, these fees may apply to you and will be outlined clearly in your contract.

Setup fee includes:
  • Referencing, credit checks, marketing the property on portals, accompanied viewings, board erection outside of property (where applicable), agree market rental amount, negotiation with tenants, set up of standing order mandates & notification to utility suppliers of new tenant moving in.


Tenants – Moving In
  • 30% of the rent plus VAT for setup fee
  • £50 plus VAT per tenant for additional tenants – if an additional tenant is being added to the agreement mid fixed term / once the move in process is underway.
  • £80 + VAT inventory charge
  • £30 + VAT charge for second guarantor checks – first guarantor check is free
  • £200 higher deposit if pet is agreed
  • Standard deposit, Equivalent to 1 months rent


Tenants – Mid Tenancy
  • £50 + VAT amendment fee – addition of another tenant / new terms to be added to agreement / pet to be added to agreement
  • £70+ VAT renewal fee
  • £30 + VAT out of hours services – only charged where the actions of the tenants results in the agent or the contractor having to attend due to them e.g. lock out charge. (hourly rate charge).
  • Late Rent - £30 + VAT initial charge and per letter sent charge.
  • Daily Late Rent Charge – 2% + VAT of the amount outstanding on a daily basis.

Tenants – End of Tenancy
  • £30 + VAT final inspection fee – this is only charged if the original final inspection is cancelled, re-arranged due to the tenants not being able to attend or if they have not provided the required information
Notice

CS Properties has made every effort to ensure the information contained herein has been obtained through sources deemed reliable. However, we cannot warrant or guarantee the complete accuracy thereof subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We recommend to the buyer that any information, should be obtained through independent verification. All / Any measurements displayed are all approximates.

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Commercial Street, Newport

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Commercial Street, Newport

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Commercial Street, Newport



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(029) 20 482 862

CS Properties
Portland House
113 - 116 Bute Street
CF10 5EQ

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