Assignment or Sublease Available in High Street Location

The property is arranged over ground and basement only. Tenure The premises are available by way of an assignment of the existing lease expiring 26th April 2026.  There is a tenant only break option on 27th April 2021.  Alternatively the premises are available by way of a sub lease until April 2021 on terms to be negotiated. Rent Passing rent £15,000 per annum. Rates We are verbally informed by the Local Rating Authority that the current Rateable Value of the shop is £14,250.00 and the rates payable are £6,840.00 pa. The UBR for 2018/2019 is 48.00p. Interested parties are advised to make their own enquiries with the Local Authority for verification purposes
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Location Description

Newport is an attractive market town in the county of Shropshire situated approximately 6 miles north of Telford, 12 miles west of Stafford and 15 miles north east of Shrewsbury. The property is located on High Street.  Nearby occupiers include Boots, Gregs and Clarks.

Sizes and Measurements

Total Size

1,427sqft

Sales Area

955sqft

Floors Available

Ground Floor

Details

Retail Ground Floor

Size

955sqft

Status

Available

Available from

Now

Ground Floor Staff Room

Details

Non-Sales

Size

242sqft

Status

Available

Available from

Immediately

Ground Floor Store

Details

Non-Sales

Size

63sqft

Status

Available

Available from

Immediately

Basement

Details

Non-Sales

Size

167sqft

Status

Available

Available from

Immediately

Lease Information & Charges

Lease End

26/04/2026

Next Lease Break

27/04/2021

Lease type

Assignment

For rent

£15,000/pa

UBR

48p

Ratable Value

£14,250.00

Business Rates

£6,840/pa

Specification

  • High street location
  • Neighbouring occupiers include Boots, Greggs and Clarks

Floorplan

59 HIGH STREET_ NEWPORT GOAD

Photos

59 HIGH STREET_ NEWPORT IMAGE

Map Data
Map data ©2019 Google
Map DataMap data ©2019 Google
Map data ©2019 Google
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