The Square, Newport

£10,000.00 pa

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The property forms part of the ground floor of Newport Market Hall, being positioned to the front of the building adjacent to the indoor market and directly overlooking The Square at the top end of St Mary’s Street.

The shop is directly below The Old Ballroom and immediately adjoins Guner’o bistro cafe and bar and Just William cobblers at ground floor level, as well as a number of other local shops. It is also within short walking distance of St Nicholas Church.

The property comprises a single storey retail unit within the Grade II listed Newport Market Hall building. It enjoys a prominent position on the ground floor, just off Newport High Street, and features a large glazed shop frontage onto The Square.

The accommodation is currently arranged to provide an open plan retail area with U-shaped serving counter, rear store/office and wash-hand basin and WC. There is also a mezzanine store, which is accessed via a stepladder.

The shop benefits from a suspended ceiling incorporating LED lighting and a lino floor. It is currently utilised as a bike repair and sales shop.

Mains water, electricity and drainage are connected to the property. It should be noted that we have not checked or tested these services and interested parties should make their own enquiries.

The property currently has planning permission for Class E use of the Town and Country Planning (Use Classes) Order 1987 (as amended).

Leasehold: The property will be available to let from December 2023 based on a new tenant’s full repairing and insuring lease on terms to be agreed.

According to the Valuation Office Agency website the rateable value of the property in the 2023 rating list is £20,750.

An EPC has been commissioned and will be available shortly.

All figures quoted are exclusive of VAT, which may be payable at the prevailing rate.

To view our landlord & tenant fees, please click here

There is currently no floor plans for this property.

No EPC available for this property.

Property Overview

£10,000.00 pa
  • Ref: SQNO3
  • Type: Retail
  • Availability: Let
  • Property Type: Commercial

MISDESCRIPTION ACT 1967: Conditions under which particulars are issued: Messrs. Davies White & Perry for themselves and the vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an off er or contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied on as statements or representations of fact and that they do not make or give any representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. An intending puchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars FINANCIAL SERVICES AND MORTGAGES: Davies White & Perry are in a position to arrange a mortgage on your home purchase, in the majority of cases.