Property Information
Address:
Unit 60 Springvale Industrial Estate, Cwmbran
, NP44 5BD
Price: Sale Price: £2,000,000
Size: 84517 sq ft7852 sqm
Primary Category: Industrial
All Categories:
Warehouse, Industrial,
Property Ref/Movehut: MH609663
Property Ref/Agent: Unit 60 Springvale Industrial Estate, Cwmbran, NP44 5BD
*Please use the agent ref when calling the agent directly.
Property description
LOCATION
Cwmbran is a busy town located in South East Wales, approximately 5 miles from Newport and 18 miles from Cardiff. The town has a population of around 50,000 and has good road communications, being located 4 miles from junction 26 of the M4. The town also has good rail links.
Springvale Industrial Estate is located just 1 mile north-west of the town centre and all the amenities it provides. Occupiers on the estate range from large national companies such as Rentokil and Fike to more regional and local tenants.
DESCRIPTION
The property provides a large industrial complex of adjoining industrial bays together with a two storey office building at one end. Externally, there is a large yard area and ample parking. There are numerous roller shutter doors providing access for various elevations of the building. Whilst the eaves height varies throughout different sections it is approximately 4.5m in the main. All mains services are connected to the building with a high capacity electric supply available, with a dedicated sub-station on site.
ACCOMMODATION
Bay 1 1,294.87 sq m (13,938 sq ft)
Offices Adjoining Bay 1 35.67 sq m (384 sq ft)
Bay 2 2,202.16sq m (23,704 sq ft)
Bay 3 2,962.84 sq m (31,892 sq ft)
Offices 533.07 sq m (5,738 sq ft)
Canopy 823.21 sq m (8,861 sq ft)
Total 7,851.82 sq m (84,517sq ft)
PLANNING
We understand that the property benefits from planning consent for industrial use. However, we recommend that interested parties make their own enquiries to the local authority.
LOCAL AUTHORITY
Torfaen Council:
TEL: 01495 762200
RATING ASSESSMENT
RATEABLE VALUE: £150,000
RATES PAYABLE: (2018/19) £77,100
TENURE
The property is available for sale either as a whole or excluding Bay 1 which can be made completely self contained. We are quoting £2,000,000 for the freehold interest in the whole property.
Alternatively, our client will consider leasing the building as a whole or in part. The quoting rent is £3.50 per sq ft.
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