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 Premium Star. The 4 Star Parkway Hotel is situated at the entrance to the Park providing conference and leisure facilities.
Tenure & Terms
Suite 11 and 12 is available by way of a new Lease for a term of years to be agreed.
Rent
£31,416 per annum (Excl.) VAT payable in addition.
Rateable Value
The suites have separate assessments at present;
Suite 11 Rateable Value £9,700 (2017 List)
Suite 12 Rateable Value £14,750 (2017 List)
Multiplier 53.3 pence (2020/21) 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 11 and 12 is to be confirmed. 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 premium / contribution to be confirmed.
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 Henry Best
M: 07738 960012 E:henry@jenkinsbest.com
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