Location

Newport is one of the youngest cities in the UK, with a resident population of 130,011 (source: www.newport.gov.uk).

Accommodation

The property forms part of The Corn Exchange, which also includes office accommodation on its upper floors and a multi storey NCP car park. The property comprises the following approximate gross internal areas:-

Ground Floor 9,267 sqft

First Floor 1,469 sqft

Lease

The property is held on a 25 year lease from 22nd December 1999 on effective full repairing and insuring terms including 5 yearly upward only rent reviews.

Rental

The current rent passing is £131,500 per annum.

Terms

Offers are invited for the benefit of the balance of the lease on this full fitted unit.