Property Information
Address:
Central And North Wings Fifth Floor, Gwent House, Cwmbran
, NP44 1PL
Price: Rent: £72,000 Per Annum
Size: 7293 sq ft677 sqm
Primary Category: Office
All Categories:
Office,
Property Ref/Movehut: MH426259
Property Ref/Agent: Gwent House, Cwmbran, Fifth Floor Central and North Wings, NP44 1PL
*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.
The property is located within Cwmbran shopping centre which provides approximately 170 retail units, including occupiers such as Asda, House of Fraser, Marks & Spencer and many more. The centre attracts a footfall in excess of 18 million per annum.
Gwent House occupiers a prominent position fronting Gwent Square, in the very heart of the town centre.
DESCRIPTION
Gwent house provides retail accommodation at ground level with open plan office space over six floors above accessed by 4 lifts. Toilets are provided on each floor with disabled toilet facilities at ground floor level.
The available accommodation comprises central and north wings of the 5th floor. It has been refurbished and benefits from carpeted solid floors, central heating, ceiling mounted air conditioning units, perimeter trunking, a suspended ceiling with integrated cat 2 lighting and kitchen facilities. The accommodation provides outstanding natural light with wall to wall double glazed windows.
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.
ACCOMMODATION
Total 677.54 sq m (7,293 sq ft)
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: £60,000
RATES PAYABLE (2015/16): £30,840
However, we recommend interested parties make their own enquiries to the local authority.
TENURE
The property is available by way of a new lease direct with the landlord. We are quoting a rent of £72,000 per annum, exclusive.
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