Summary - UNIT 2, MARINER WAY NP19 4PQ
1 bed 1 bath Warehouse
Secure yard, two loading doors and strong M4/A48 links for regional distribution.
23,709 sq ft warehouse with 5.1m minimum internal height
An extensive industrial warehouse in an established Newport distribution park, this unit offers 23,709 sq ft of clear floor area, 5.1m minimum internal height and two ground-level loading doors fronting a large, securable yard and parking area. The two-storey office accommodation and customer reception provide immediate operational space for logistics, light manufacturing or distribution occupiers.
The site benefits from strong road links — immediate access to the A48 and quick access to the M4 (J24–28) — useful for regional distribution across South Wales and the South West. The location sits among national occupiers and provides good mobile signal and practical on-site parking.
Buyers should note material drawbacks: the roof is corrugated asbestos, requiring specialist management or replacement, and the legal position is unclear on tenure — the listing references a long lease expiring 21 June 2095 (about 70 years remaining) and a ground rent of £586.52 per year. Lenders commonly restrict mortgages on shorter lease terms, so purchaser funding may be cash or specialist-lender dependent. Business rates are set to a rateable value of £42,700 (valuation from 1 April 2023).
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