Industrial to let in Unit 11, Ty Coch Distribution Centre, Cwmbran NP44

Description

Mid-terraced warehouse unit on an established distribution estate. Unit provides functional clear warehouse space with a minimum eaves height of 6.9 metres. The unit to benefit from LED lighting and a small office and welfare block. The unit is available from Spring 2024.

Location

Ty Coch Distribution Centre is strategically located 4 miles north of the M4 Motorway (J26/27) and is in close proximity to both Cwmbran town centre (north) and Newport (south). The Estate is well placed to serve both the local and regional markets with excellent road links in place.

Accommodation

Gross Internal Area = 10,234 sq ft (950.76 sq m)

Tenure and terms

Unit 11 is available by way of a new full repairing and insuring Lease for a term of years to be agreed.

Rent / price

£46,500 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £44,000 (2023 List) Current Multiplier 53.5 pence Rates payable £23,540. Please contact Torfaen County Council for additional information.

Estate service charge / building insurance

The Landlord is responsible for the upkeep and maintenance of the common areas of the estate. Each occupier contributes towards this by way of an estate service charge. The latest budget / contribution applicable to Unit 11 is £3,220 per annum (Excl.). The Landlord insures the buildings/units on the estate and recovers the premium from the Tenants - current premium applicable to Unit 11 is £1,505 per annum (Excl.)

Legal costs

Each party responsible for their own legal and professional costs.

Energy performance certificate

A new EPC is to be commissioned.

Further information

For additional information please contact the Sole Agents - Jenkins Best