Commercial property to rent in Newport: rental values and leases
The local business premises, their rateable values and energy ratings, and what to check in a lease.
Last checked: 2 November 2026, against the Valuation Office Agency statistics and the MHCLG Energy Performance of Buildings tables.
Not legal advice. This page has not been reviewed by a solicitor. The figures are official statistics run through our calculators, not a quote.
What should I know about taking a commercial lease in Newport?
As of March 2026, Newport has about 5,020 business premises on the rating list, with offices at an average rateable value of £85 per m² and shops at £81 per m². Before you sign a lease, check the rent review, repairs, break clause and the premises' energy rating.
Updated
Got a draft lease for premises in Newport? We'll introduce you to an independent SRA-regulated property solicitor, who confirms their fee in writing before any work starts.
Get a lease review quoteWhat does commercial property rent for in Newport?
The VOA's rateable value is its estimate of an appropriate annual rent for a property, assuming the tenant pays the business rates, repairs and insurance. It is not a current market rent or an asking rent: the figures below are averages from the 2023 rating list, whose rateable values are based on rental values at 1 April 2021; the 2026 revaluation replaced on 1 April 2026. Use them to compare towns and property types, then check real asking rents with local agents.
| Type | Per m² | 50 m² | 100 m² | 250 m² |
|---|---|---|---|---|
| Office | £85 | £4,250 | £8,500 | £21,250 |
| Shop | £81 | £4,050 | £8,100 | £20,250 |
| Industrial | £33 | £1,650 | £3,300 | £8,250 |
Business premises in Newport
| Type | Premises | Rateable value per m² | England and Wales |
|---|---|---|---|
| Shops | 1,350 | £81 | £144 |
| Offices | 950 | £85 | £204 |
| Industrial | 1,580 | £33 | £42 |
Energy ratings of business premises in Newport
| Rating | A+ | A | B | C | D | E | F | G |
|---|---|---|---|---|---|---|---|---|
| Newport | 0 | 16 | 86 | 76 | 36 | 11 | 3 | 3 |
| England and Wales | 838 | 8,155 | 30,603 | 30,673 | 12,920 | 5,645 | 552 | 598 |
What to check before you sign
- The red flags in a commercial lease
- Break clauses and rent reviews
- A schedule of condition and dilapidations at the end
- The running costs: the business rates calculator
More questions about premises in Newport
What is the rateable value of shops in Newport?
£81 per m² on the 2023 list, across about 1,350 shops: 44% below the £144 for England and Wales.
Source: VOA, Non-domestic rating: business floorspace, March 2026, 2023 rating list at 31 March 2026.
What is the rateable value of offices in Newport?
£85 per m² on the 2023 list, across about 950 offices: 58% below the £204 for England and Wales.
Source: VOA, Non-domestic rating: business floorspace, March 2026, 2023 rating list at 31 March 2026.
What is the rateable value of industrial premises in Newport?
£33 per m² on the 2023 list, across about 1,580 industrial premises: 21% below the £42 for England and Wales.
Source: VOA, Non-domestic rating: business floorspace, March 2026, 2023 rating list at 31 March 2026.
How many recent energy certificates in Newport are rated F or G?
2.6% of the 231 certificates lodged for business premises in the last four quarters (England and Wales: 1.3%); 44% were A or B. Since 1 April 2023 a landlord in England and Wales can't continue to let most non-domestic premises rated F or G unless an exemption is registered.
Source: MHCLG, Energy Performance of Buildings Certificates live tables, tables updated 2026-10-29.
Nearby areas
| Area | Offices | Shops |
|---|---|---|
| Torfaen | £86 | £101 |
| Monmouthshire | £81 | £121 |
| Caerphilly | £71 | £94 |
| Cardiff | £120 | £136 |
Questions
How many business premises are there in Newport?
Got a draft lease for premises in Newport? We'll introduce you to an independent SRA-regulated property solicitor, who confirms their fee in writing before any work starts.
Get a lease review quoteSources
- VOA: Non-domestic rating: stock of properties, March 2026
- VOA: Non-domestic rating: business floorspace, March 2026
- MHCLG: Energy Performance of Buildings Certificates, live tables (non-domestic, by local authority)
- The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015
- GOV.UK: Non-domestic private rented property minimum energy efficiency standard
- Landlord and Tenant Act 1954, Part 2 (business tenancies)
VOA statistics at 31 March 2026 (2023 rating list) and MHCLG EPC tables, retrieved 2026-11-02. Contains public sector information licensed under the Open Government Licence v3.0. This page is general information, not legal advice, and hasn't been reviewed by a solicitor. Instrukt is not a law firm.