0 Bed Leisure Facility To Rent

Description
The unit comprises an end of terrace A3 premises in a prominent location on the retail parade, benefitting from roadside return frontage plus double frontage to the unit. The unit has been fully fitted to meet Esquires’ exceptional fit out specification. A full list of fixtures and fittings on site can be provided. These items can be sold if required, via separate negotiation.

Location
The property is located to the west of Newport approx. 15 miles to the east of Cardiff and approx. 30 miles to the west of Bristol. Celtic Springs is situated off the A4 arterial route which is a major route through Newport. The M4 is within close proximity at Junction 28.
There are a number of office occupiers nearby including the new Porsche Garage opposite. Greggs and the Vanilla Pod are adjoining tenants, with the Dragfonfly Pub behind the parade.

Viewings
Viewings to be arranged via sole agents Cooke & Arkwright - Ben Davies.

Terms
The unit is available to let via assignment or sub-lease of the existing lease which is on the basis of a 10 year lease from 02/02/2024 with tenant only break at the fifth year of the term on 01/02/2030. The passing rent is £31,000 pax.

However, depending on lease terms and covenant strength, there is the ability to grant a new lease subject to landlords approval and terms.

Anti-Money Laundering Regulations
In accordance with Anti-Money Laundering Regulations, the tenant will be required to provide satisfactory proof of identity at the point of agreement of heads of terms.