Property photos
Offers over
£99,450
(£119.27/sq. ft)
Industrial for sale
Speke Street, Newport NP19838 sq. ft
Local area information
Property location
Nearby amenities
- St Joseph's R.C. Primary School 0.2 miles
- Fairoak Nursery School 0.3 miles
- Newport (South Wales) 0.8 miles
- Newport (S Wales) Ferry Terminal 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Industrial / Office Unit for Sale
- Rare Freehold Opportunity
- Situated Close to Newport City Centre and M4 Motorway
- On Street Parking
- 838 Sq Ft (77.81 sq m)
- Seeking Offers in excess of £99,950 plus VAT
Location
The City of Newport is located in a prime strategic location close to
the border of England and Wales. It benefits from excellent access to
the M4 motorway and wider motorway network and provides regular
train services to London Paddington. The City has an immediate
population of approximately 137,000.
The property is located on Speke Street, Maindee on the outskirts of
Newport City Centre. It is well located for serving the city centre but
also provides easy access to the M4 at junctions 25 or 26.
Surrounding occupiers are largely residential but is close to Chepstow
Road which includes a range of retail occupiers.
Description
The property is a two storey end of terrace building providing
warehouse and office accommodation.
The ground floor is predominately warehouse space with a WC and
staircase to the first floor to the rear. Access is via an electric roller
shutter door measuring 2.13m wide and 2.18m high and a
pedestrianised door.
The first floor provides office accommodation with carpet flooring, strip
lighting, wall mounted power sockets and double glazing.
Externally there is on street parking.
Accommodation
Ground Floor 38.51 sq m (415 sq ft)
First Floor 39.30 sq m (423 sq ft)
Total: 77.81 sq m (838 sq ft)
Planning
We understand that the property benefits from planning consent for
industrial use. However, we recommend that interested parties make
their own enquiries to the local authority.
Local authority
Newport City Council:
Tel: Rating assessment
We believe the property is included on the rating list as “The Old
Workshop”, Adjacent to 4 Speke Street, Newport” and has the
following assessment:-
rateable value: £2,850
rates payable: £0
As the property has a rateable value of below £6,000, the vast majority
of occupiers will qualify for 100% rates exemption under small
business relief.
Tenure
The freehold interest in the property is available. We are seeking
offers of £99,950.
The City of Newport is located in a prime strategic location close to
the border of England and Wales. It benefits from excellent access to
the M4 motorway and wider motorway network and provides regular
train services to London Paddington. The City has an immediate
population of approximately 137,000.
The property is located on Speke Street, Maindee on the outskirts of
Newport City Centre. It is well located for serving the city centre but
also provides easy access to the M4 at junctions 25 or 26.
Surrounding occupiers are largely residential but is close to Chepstow
Road which includes a range of retail occupiers.
Description
The property is a two storey end of terrace building providing
warehouse and office accommodation.
The ground floor is predominately warehouse space with a WC and
staircase to the first floor to the rear. Access is via an electric roller
shutter door measuring 2.13m wide and 2.18m high and a
pedestrianised door.
The first floor provides office accommodation with carpet flooring, strip
lighting, wall mounted power sockets and double glazing.
Externally there is on street parking.
Accommodation
Ground Floor 38.51 sq m (415 sq ft)
First Floor 39.30 sq m (423 sq ft)
Total: 77.81 sq m (838 sq ft)
Planning
We understand that the property benefits from planning consent for
industrial use. However, we recommend that interested parties make
their own enquiries to the local authority.
Local authority
Newport City Council:
Tel: Rating assessment
We believe the property is included on the rating list as “The Old
Workshop”, Adjacent to 4 Speke Street, Newport” and has the
following assessment:-
rateable value: £2,850
rates payable: £0
As the property has a rateable value of below £6,000, the vast majority
of occupiers will qualify for 100% rates exemption under small
business relief.
Tenure
The freehold interest in the property is available. We are seeking
offers of £99,950.
More information
Listed by
M4 Property Consultants
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