Industrial to let in Unit 54 Springvale Industrial Estate, Cwmbran NP44

Description

Semi-detached light industrial / warehouse unit - established location with excellent road links.

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 on Springvale Industrial Estate, in close proximity to the town centre and all the amenities it offers.

Accommodation

Unit 54 comprises and end of terrace light industrial / warehouse unit with blockwork / metal profile sheet elevations, under a pitched roof. The unit provides minimum eaves height of approximately 4.2 metres. There is a single roller shutter measuring approximately 4.2 metres high and 3.6 metres wide. Single and three phase power is available at the unit. Externally the property benefits from a loading / parking / storage area to the front of the property.
Gross Internal Area 11,328 sq ft (1,052.4 sq m)

Tenure and terms

Unit 54 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.

Rent / price

£56,640 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £30,750 (2017 List), Multiplier 53.5 pence (2020/21). Current Rates payable £16,451.25 per annum Excl. Please contact Torfaen County Council for additional information.

Estate service charge / building insurance

Each unit contributes towards the maintenance and management of the common areas of the estate. The current estimated annual contribution for Unit 54 is £8,195.22 plus VAT. The Landlord insures the buildings on the estate and recovers the annual premium from the Tenant - the current estimate for Unit 54 is £5,056.94 per annum plus VAT.

Legal costs

Each party responsible for their own legal and professional costs.

Energy performance certificate

D-88 copy available on request.

Further information

Please contact the joint agents for additional information or to arrange a viewing; Jenkins Best or M4 Property Consultants.