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 subject property is located within the Kingsway Shopping Centre in the heart of Newport City Centre’s retail pitch. The Kingsway Shopping Centre provides in excess of 250,000 sq ft of
accommodation let to numerous national, regional and local
occupiers. The scheme is anchored by a 55,000 sq ft Wilkinson store and comprises other tenants including Peacocks, B&M, Topshop, Savers, Poundland and F Hinds. The centre also includes a Boswell Café and Mall seating.
The monthly footfall was in excess of 400,000 during October 2011.
The subject unit it located in the centre of the scheme at the entrance to the 1,050 space adjoining car park.
Accommodation
Ground floor sales & ancillary 41.81 sq m (450 sq ft)
Terms
The property is available by way of new lease on flexible terms to
be agreed. We are quoting a rent of £15,000 per annum, exclusive
of service charge and all other outgoings.
Specification
The unit provides a lock up shop. At present the unit is in ‘shell
condition’ but the landlord is willing to undertake suitable works
(including a glazed frontage) to assist ingoing occupiers.