The building offers a unique slice of Newport History and some of the most attractive office space in Newport. The stunning offices have been refurbished retaining many of the original features and maintaining the charm of this Grade II listed building.
Location
The property is set in a highly prominent position at the corner of Pentonville and Gold Tops and the office enjoys panoramic views over the City of Newport.
The Estates Office occupies a commanding position in Gold Tops, the traditional professional area of Newport, and benefits from excellent public transport links, as well as the local road network, and the amenities Newport city centre has to offer.
The premises are well positioned with regards to access to the M4 motorway at junctions 25, 25a and 26.
The area comprises a mixture of office users including Local Government Bodies, Solicitors, Surveyors, Accountants, and other professional practices. It is also within close proximity of Newport Railway Station and main Bus Station.
The property is located within easy walking distance to retail and leisure uses in the city centre via the newly opened footbridge connecting Devon Place and Mill Street with Queensway a short walking distance away.
Accommodation
The current available accommodation has been measured on a net internal area basis in accordance with RICS Property Measurement, 2nd Edition, January 2018:-
Ground Floor - Suite G.4 - 439 sq m (4,725 sq ft)
Second Floor - Suite 2.4 - 36.97 sq m (398 sq ft)
Terms
Tenure & Terms - The property is available by way of a new full repairing and insuring lease for a term of years to be agreed.
Quoting Rental - We are quoting a rental of £25.00 per sq. ft / m² per annum exclusive of VAT. The quoting rental includes all elements of utilities, common area cleaning, lighting, and heating etc., but excludes commercial rates and buildings insurance contribution.
Energy Performance Rating - The EPC Certificate that has been provided indicates that the subject property will fall within the acceptable energy performance range for the purposes of the Act, being rated as C / 74. (Certificate N° 4132-8781-5934-5946-0288. Valid until 18th June 2034). A copy of the certificate is available upon request.
Rateable Value - Current rateable value (1st April 2023 to present):-
Property: Suite G4
Description: Offices & Premises
Rateable Value: £4,800
Property: Suite 2.4
Description: Offices & Premises
Rateable Value: £2,900
N.B. Please note that Hutchings & Thomas cannot confirm the level of any payments to the Local Authority. Interested parties are advised to make their own enquiries with the local rating authority, Newport City Council www.newport.gov.uk. Small business rates relief may be available.
Legal Costs - Each party to be responsible for their own legal costs.
VAT - All figures quoted are subject to VAT that may be payable at the prevailing rate.
Specification
- Historic and imposing period property
- Attractive recently refurbished Communal Meeting Room
- Private on-site parking
- Prominent location within the premier business district of Newport
- Within easy walking distance to the city centre and main bus station / railway station