The subject property is situated on Commercial Street within the pedestrianised area of Newport city centre within an established retail and leisure location..
Newport City Centre has recently undergone widespread regeneration programmes including the Friars Walk Shopping Centre, The Indoor Market and Central Point.
The property comprises a 5-storey mid-terraced building of traditional brick construction under pitched roof coverings..
Internally, the property previously traded as Café Nero providing an open-plan coffee shop area to the ground floor with ancillary accommodation to the first, second and third floors with further stores to the basement.
The property comprises the following approximate Net Internal Floor Areas:
|Ground Floor||100.08 sq. m||1,077 sq. ft|
|First Floor||112.51 sq. m||1,211 sq. ft|
|Second Floor||44.23 sq. m||476 sq. ft|
|Third Floor||30.95 sq. m||333 sq. ft|
|TOTAL||287.77 SQ M||3,097 SQ FT|
The property is available on a new lease for a term to be agreed.
£22,500 per annum exclusive of rates and VAT.