NP19 Unit 2, Felnex Industrial Estate, Newport

Long Leasehold of industrial unit available for purchase

Unit 2 provides a steel and concrete frame warehouse with corrugated asbestos roof. Two floor internal office accommodation and customer reception area. There are two ground level loading doors at side elevation, both fronting on to a large yard / parking area which could be secured.

Viewings

Please contact sole agents, Savills.

Terms

The long leasehold is available to purchase for a term expiring 21 June 2095 (70+ years unexpired).

There is a ground rent payable, currently £586.52 per annum

Price

Offers sought in excess of £1,100,000 excluding VAT for the long leasehold interest.

The unit is located just of Stephenson Street on Mariner Way, an established industrial distribution area approximately 1.5 miles from Newport City Centre and which provides ease of access to the A48 and subsequently to the M4 motorway within 10 mins, via junctions 24 to 28. Surrounding occupiers include Hydra flow, Royal Mail, Cogent Power and Owens Group.

Established and well located industrial and distribution area with good access to South Wales and South West England

Securable yard and parking area

5.1m minimum internal height

Two storey office accommodation

Two ground level loading doors

Ease of access to the A48 and subsequently the M4 at junctions 24 - 28