Property Information
Address:
Unit 77 Springvale Industrial Estate, Cwmbran
, NP44 5BG
Price: Rent: £9,500 Per Annum
Size: 1635 sq ft152 sqm
Primary Category: Industrial
All Categories:
Warehouse, Industrial,
Property Ref/Movehut: MH620121
Property Ref/Agent: Unit 77 Springvale Industrial Estate, Cwmbran, NP44 5BG
*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, Fike and Zodiac Aerospace to local and regional tenants.
DESCRIPTION
The property, an industrial unit formerly used as a café, comprises of metal profile sheet elevations under a pitched roof, providing concrete floor, a seating area together with offices and toilets.
The property benefits from a concrete floor, a single roller shutter door to the front of the property (3m wide x 3m high) and toilet facilities to the front of the property and single office accommodation on the first floor with wall mounted power sockets. The unit benefits from 3 phase electricity and all mains services.
The property is currently undergoing extensive refurbishment to return it to industrial use. This will also include a new roof.
Externally the property benefits from an outside seating area and parking.
ACCOMMODATION
Warehouse 128.8 sq m (1,389 sq ft)
Office 23.1 sq m (249 sq ft)
Total 151.9 sq m (1,635 sq ft)
PLANNING
We understand that the unit 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
BUSINESS RATES
RATEABLE VALUE: £5,400
RATES PAYABLE: (2019/20) £2,840*
* Some occupiers may qualify for ‘small business relief’ which will provide a discount on this figure. Interested parties should contact the business rates department at Torfaen County Council for more information.
TERMS
The unit is available by way of a new full repairing and insuring lease on terms to be agreed. We are quoting a rent of £9,500 per annum, exclusive.
SERVICE CHARGE
A service charge is payable by tenants for maintenance of common parts and shared services such as security. Service charge for the year 2019/20 is estimated £1,036.66 per annum, exclusive.
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