Property Information
Address:
First Floor, Powys House, Cwmbran
, NP44 1PB
Price: Rent: £8,000 Per Annum
Size: 621 sq ft57 sqm
Primary Category: Office
All Categories:
Office,
Property Ref/Movehut: MH384520
Property Ref/Agent: First Floor, Powys House, Cwmbran, NP44 1PB
*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 with the train station is walking distance of the town centre.
The property is located within Cwmbran shopping centre which provides approximately 170 retail units, including occupiers such as Asda, WH Smith, Marks & Spencer and many more. The centre attracts a footfall in excess of 14 million per annum.
Powys House is located on South Walk.
DESCRIPTION
Powys House provides retail accommodation at ground floor with offices above. The accommodation is divided into two inter-connecting offices. Each of these benefit from good natural light, suspended ceilings with recessed lighting, central heating, wall mounted power and data sockets and carpeting. Shared WC’s and kitchen facility are provided in the communal parts.
ACCOMMODATION
Offices 57.70 sq m (621 sq ft)
Cwmbran Shopping Centre provides in excess of 3,000 free car parking spaces. Long stay (all day) parking is available in a number of the car parks and is available to office tenants.
PLANNING
We understand that the property benefits from planning consent for office use.
LOCAL AUTHORITY
Torfaen Council:
Tel: 01495 762200
RATING ASSESSMENT
We have made verbal enquiries of the local authority and understand the following:-
RATEABLE VALUE: £5,200
RATES PAYABLE (2018/19): £2,673
However, we recommend interested parties make their own enquiries to the local authority.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in any transaction.
TENURE
The property is available by way of a new lease direct with the landlord. We are quoting a rent of £8,000 per annum, exclusive.
A service charge will also apply. Further details are available upon request.
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