Cwmbran is a well-established business location about 5 miles north of Newport, 17 miles east of Cardiff and is the principal town within the unitary authority of Torfaen County Borough Council. The population of Cwmbran itself is approximately 47,000 (2021 Census) and is the sixth largest urban area in Wales. There are approximately 250,000 living within a 15 minute drive time. Springvale Industrial Estate is prominently situated just off the A4051 close to Cwmbran town centre. There is good access to the M4 motorway via the A4051 or A4042 dual carriageway linking to junctions 26 and 25A respectively.
Tenure & Terms
Unit 20B is available on a new Full Repairing and Insuring Lease for a term of years to be agreed .
£10,500 per annum (Exclusive of VAT).
Occupiers will be responsible for Business Rates. Rateable Value £8,900 (2023 List). *Rates payable £4,761.50 per annum (2022/23 Multiplier 0.535 pence)* Unit currently qualifies for an element of small business rates relief (circa 50%) Please contact Torfaen County Borough Council for further details.
Estate service charge / building insurance
There is an obligation to contribute towards the Estate Service Charge for the upkeep of the common parts of the estate. Each building contributes a fair proportion of the overall service charge £763(year ending March 2024). Further details on application. The Landlord insures the building and recovers the annual premium from the tenant , the current premium is £360 per annum Excl.
Each party will be responsible for their own legal costs.
Energy Performance Certificate
For additional information or to arrange a viewing please contact Jenkins Best on 02920 340033 or Joint Agents, Cooke & Arkwright and Knight Frank.