LocationLlantarnam Park is located 4 km (2.5 miles) south of Cwmbran Town Centre and 3.9 km (2.4 miles) from Junction 26 of the M4 Motorway. The Park is an established mixed use location home to a variety of business occupiers including STG Aerospace, Zodiac Aerospace and Gwent Police. The 4 Star Parkway Hotel is situated at the entrance to the Park providing conference and leisure facilities.
Tenure & Terms
Suite 1 is available by way of a new Lease for a term of years to be agreed.
Rent
£17,450 per annum (Excl.) VAT payable in addition.
Rateable Value
Suite 1 Rateable Value £19,000 (2017 List) Multiplier 53.5 pence (2021/22) Rates payable £10,165 per annum (Excl.)
Contact Torfaen County Council for additional information.
Estate service charge / building insurance
External repairs and the maintenance and upkeep of the common parts of the building and the estate are covered by way of a service charge. Tenants pay service charge based on floor area occupied, the current annual budget contribution for Suite 1 is £4,136 (Excl.) VAT is payable in addition.. The occupier will be responsible maintaining and the standard and quality of the suite.
A proportion of the building insurance premium is also recovered by the Landlord - current annual premium / contribution for Suite 1 is £144 (Excl.) VAT payable in addition.
Legal costs
Each party responsible for their own legal fees.
Energy Performance Certificate
Currently being re-assessed.
Further information
For additional information or to arrange a viewing please contact Jenkins Best 02920 34 00 33 or joint agents Knight Frank.
M: 07738 960012 E:henry@jenkinsbest.com
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