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Admiral House Queensway 82,844 sq ft Office Property Newport NP20 4AG For Sale

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INVESTMENT HIGHLIGHTS

  • Landmark Building: Seven-storey 82,000 sq ft purpose-built corporate office HQ with Grade A finishes and EPC ‘B’ and BREEAM ‘Very Good’ ratings.
  • Layout: Efficient open plan floorplates with meeting rooms, breakout zones, and flexible space options to suit evolving teams.
  • Amenities: Ground floor restaurant, shower/locker facilities, secure cycle storage, emergency power/UPS, and basement parking for 230 vehicles.
  • Signature Central Atrium: Internal staircases & landings connecting wings & floors in a collaborative, light-filled workspace.
  • Location: Prime City Centre with easy walking distance of restaurants & bars, M&S Food,Friars Walk & the refurbished Newport Market & Foodhall.
  • Connectivity: Directly opposite Newport Station for fast regional & national rail & bus links, plus easy access to the M4 motorway.

EXECUTIVE SUMMARY

The long leasehold is 249 years from October 2014 at peppercorn rent.
Admiral House was purpose -built for Admiral Insurance in 2014 as part of the regeneration of the Station Quarter.
It comprises a landmark building of 80,000 sq ft on 7 floors in a prime location opposite the recently redeveloped railway station.
Admiral House has been designed with a central atrium to maximise natural light & accessibility between wings.
It provides large flexible floorplates with meeting rooms & generous breakout areas.

PROPERTY FACTS

Sale Type
Owner Occupier
Property Type
Office
Tenure
Long Leasehold
Property Size
82,844 sq ft
Costar Property Class
A
Year Built
2014
Tenancy
Multiple
Number of Floors
7
Typical Floor Size
11,835 sq ft
Plot ratio
1.19
Total Plot Size
1.60 ac
Parking
248 Spaces (2.99 Spaces per 1,000 sq ft Leased)

AMENITIES

  • EPC - B
  • Reception
  • Storage Space
  • Bicycle Storage
  • Common Parts WC Facilities
  • Lift Access
  • Natural Light
  • Secure Storage
  • Shower Facilities
  • Air Conditioning

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2022 Population
35,795
142,907
203,045
2022 Households
15,639
60,461
86,388
Average Age
38
39
40
Median Household Income
£34,255
£36,026
£36,078
Daytime Employees
21,834
48,772
70,195
Total Businesses
3,827
7,928
10,927

NEARBY AMENITIES

RESTAURANTS

The Dirty Food Company Burgers $ 2 min walk
The Pot Cafe Cafe $ 2 min walk
McDonald's - - 3 min walk
Costa Coffee - - 6 min walk
Triple Two - - 6 min walk
Eggfree Cake Box - - 7 min walk
Nando's - - 7 min walk

RETAIL

Tesco Express Local Shop 3 min walk
Post Office Business/Copy/Postal Services 5 min walk
Poundland Dollar/Variety/Thrift 6 min walk
Iceland Supermarket 6 min walk
Boots Pharmacy 7 min walk

HOTELS

OYO
60 rooms
3 min drive
Mercure
135 rooms
3 min drive
Holiday Inn
119 rooms
10 min drive

SALE ADVISOR

SALE ADVISOR

Huw Thomas, Director
A Fellow of the Royal Institution of Chartered Surveyors (FRICS), Huw is a graduate of the University of Reading (College of Estate Management) and following a period of pre and post qualification training in London, returned to South Wales in 1983.

A specialist in the acquistion and disposal of office and industrial buildings, occupier consultancy and landlord and tenant negotiations, Huw offers a personal bespoke service to occupiers and landlords / developers.
  • Listing ID: 31723330

  • Date on Market: 07/05/2024

  • Last Updated:

  • Address: Queensway, Newport NP20 4AG

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