Unit 2, Felnex Industrial Estate, Newport, NP19 4PQ | Property for sale | Savills
23,709 sq ft(2,202.64 sq m)
Offers in the region of £1,100,000

Unit 2Felnex Industrial Estate, Newport, NP19 4PQ

  • Leasehold
Industrial
23,709 sq ft (2,202.64 sq m)

Key features

  • 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

Long Leasehold of industrial unit available for purchase

About this property

  • Description
    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.

Local information

  • 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.

Available space

Namesq ftsq mAvailability
Ground - Warehouse16,6731,548.97Available
Ground - Office3,994371.05Available
1st - Office2,839263.75Available
Ground - Reception20318.86Available