Exchange House Offices St Cross Lane, Newport IW PO30 5BZ 202155 21 GROUND & FIRST FLOOR OFFICE SUITE TO LET

CHARTERED SURVEYORS COMMERCIAL PROPERTY AGENTS

RETAIL INDUSTRIAL

OFFICE

INVESTMENT

BUSINESS TRANSFER

DEVELOPMENT LAND

MANAGEMENT

RENT REVIEWS Well presented ground and first floor office suite at Exchange House in the centre of Newport LEASE RENEWALS DDA compliant, the offices run to a total gross VALUATIONS internal area of 87m² (936 ft²) and a net internal ARBITRATION area of 62m² (667 ft²) ACQUISITIONS Benefitting from communal kitchen and toilet facilities with designated parking EXPERT WITNESS

Available by way of a New Lease at £6,800 per HISTORIC BUILDINGS annum. CONSULTANCY

LOCATION

DIRECTORS Exchange House is located in St Cross Lane, just off Crocker Street, in the centre of Newport, the NICK BUCKLE BSc(Hons) MRICS

Island's County Town and retail, industrial and administrative hub. The immediate population is GAVIN CHAMBERS BA(Hons) around 25,000 with a catchment of around 60,000 when operating as the shopping centre for the GRANT HIGGS

Island population of around 130,000. Continued investment in the town from Starbucks, J D JAMIE WHITTLE BSc(Hons) PgDipSurv MRICS Wetherspoon, Pandora and most recently from Prezzo Restaurants, ensures its continued SHAUN WOOLFORD MBA BSc(Hons) Dip Proj Man MRICS importance. DESCRIPTION REGISTERED OFFICE Situated on ground and first floor, the offices have access directly from the communal entrance hall. 62 High Street, Newport, PO30 1BA Registered in and Wales No. 6477562 The office suite benefits from a private kitchen area and use of communal toilets, with designated Vat No. 928 0215 39 parking. Please see floor plan overleaf for further detail. TERMS Available by way of a New Lease at £6,800 per annum plus VAT, payable quarterly in advance. The 62 HIGH STREET NEWPORT ingoing tenant will be asked to contribute towards the landlord's reasonable legal costs in setting up ISLE OF WIGHT PO30 1BA the new lease. All other terms by negotiation. TEL 01983 822555 SERVICE CHARGE ______A Service Charge is payable quarterly in advance, to cover cleaning of communal areas, emptying MERRITTS FARM bins and water rates. The service charge is also liable to VAT at the prevailing rate. WHITE HORSE LANE VIEWING WATERLOOVILLE PO7 6QL Strictly by appointment with sole agents Gully Howard Commercial Property. Contact Gavin TEL 02392 257224 Chambers or Jane Bauldry on 01983 301 434. Suite 11 Salisbury Gardens, Dudley Road, ______PO38 1EJ. E: [email protected] or [email protected] EMAIL [email protected] UNIFORM BUSINESS RATES Rateable Value: £6,638 www.gullyhoward.com 2018/2019: £0.493 without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to establish any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000. Whilst these particulars are believed to be correct neither the agent nor the clients guarantee accuracy nor are they intended to form part of any contract. We have not carried out any survey. All offers are subject to formal contract. Interested parties must satisfy themselves independently as to VAT in respect of any transaction. Gully Howard Chartered Surveyors and staff are not able to give any warranty or representation in connection with this property and have not tested any plant, purchasers must satisfy themselves as to its condition. Plans are shown not to scale and for identification only, dimensions are approximate and location plans may not show all current occupiers.