Newport Market Rental Information

Newport City Council regularly reviews the rents charged at Newport Market. It offers a wide variety of unit sizes and corresponding prices, inclusive service charges, together with flexible lease length terms. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Rents charged by private landlords in the city centre also have a wide range, and are often based on long-term lease contracts. The rateable value of shops that front onto city centre streets will also vary considerably from the rateable value of a market stall, which are in the main exempt from rates payments due to the small business rates relief which is beneficial to small businesses. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

Both Newport Market and privately owned shops can provide business opportunities that meet the needs of different business models, and a vibrant city centre will attract entrepreneurs who can see the benefit of both models and operating arrangements. ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​