* Overlooking Coppins Bridge roundabout in a highly visible and prominent location
* First floor office space available as a whole, or in part, with 2 parking spaces to the rear
* Office space runs to a NIA of 54. 2m2 (584 ft2) including reception area, w. c. And kitchen
* Available by way of a New Lease for the whole floor at £9, 000 p. a. Including utilities. Freehold sale option by separate negotiation
**Location**
Occupying a prominent position overlooking the most important traffic
interchange on the Isle of Wight, 4 East Street offers office space for Island
businesses in Newport town centre, with high visibility and allocated parking.
Newport is the Island's county town and undoubted commercial centre. The
immediate population is around 25, 000 and an adjusted catchment is often
quoted as being in excess of 60, 000 when Newport operates as the comparison
shopping centre for the entire Island population of around 130, 000. Continued
investment in the town ensures its importance as a retail/leisure centre
progresses.
**Description**
The offices are on the first floor of the building. The layout currently
offers 3 offices plus a reception area. The total net internal area of this
space is 54. 2m2 (584 ft2). Please see floor plan overleaf for further detail.
Nb Some office furniture i. e. Desks, chairs, and boardroom table are available
if required.
**Terms**
The whole of the first floor office accommodation can be let on a new lease at
£9, 000 per annum. The office will be on an inclusive rent, covering
electricity and water costs, with the tenant covering costs for telephone,
internet and business rates. The intending tenant will be asked to contribute
towards the landlord's legal costs in setting up the new lease. All other
terms by negotiation.
The whole property is also for sale freehold, subject to the existing lease on
the Ground Floor office, so this opportunity may suit an owner - occupier who
could operate from the currently vacant First Floor, and benefit from the
income generated by the Ground Floor office unit. Offers are invited in the
region of £195, 000 for the freehold of the premises.
**Uniform Business Rate**
Rateable Value: £5, 000
2023/2024: £0. 512p without small business relief. Interested parties should
make their own enquiries of the Isle of Wight Council to confirm any rate
liability or rate concession that may be applicable by telephoning Business
Rates on .
**Viewing**
Strictly by appointment with sole agents Gully Howard Commercial Property,
Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers
or Morgan Williams on . E: Or
_please do not make any approach to the property directly, as they will be
unable to assist_

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