Industrial to let - Unit 1, Felnex Industrial Estate, Newport, NP19 4PQ

<strong>Description</strong><br>Unit 1 provides a steel and concrete frame warehouse with two floor internal office areas. The corrugated asbestos roof has been asbestos overclad and there are two roller shutter doors at either end of the side elevation, both fronting on to a shared, unsecure yard/parking area. There is also an additional retail area which can provide more storage, office space or customer entrance.<br><br><strong>Viewings</strong><br>Please contact sole agents, Savills.<br><br><strong>Terms</strong><br>Available by way of assignment or sub-lease of an existing lease expiring 4th July 2027. The existing lease in contracted inside the Landlord and Tenant Act 1954.<br /> The unit will also be available by way of new lease for a term of years to be agreed, subject to surrender of the existing lease.<br><br><strong>Planning</strong><br>We understand the unit currently has B8 use.<br><br><strong>Rent</strong><br>Rent upon application.<br><br><strong>Business Rates</strong><br>As a guide, rates are estimated to be £24,000 payable per annum, but please verify with the VOA<br><br>