UNIT 21, FORGEHAMMER INDUSTRIAL ESTATE, CWMBRAN, NP44 3AA

TO LET

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Size: 4,195 sqft (389.73 sq m)

Price: £18,880 per annum (exclusive)


TO LET

INDUSTRIAL

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Key features

  • Prime commercial location
  • Excellent road links to town centre, Newport and M4
  • Close proximity to town centre, bus and rail station
  • Terraced trade counter /industrial / warehouse unit
  • Small secure yard area
  • Gross Internal Area 4,195 sq ft (389.7 sq m)
  • To Let - Available by way of a New Lease for 3 years

PRELIMINARY DETAILS - TERRACED UNIT. RECENTLY REFURBISHED.

Description

Forgehammer Industrial Estate is an actively managed multi-let industrial estate which has been improved recently though a programme of unit refurbishments and upgrades. Mid - Terraced industrial / trade counter/ warehouse unit of steel frame construction. Internally, the property provides an open plan production/ warehouse area with lighting. There is a 2-storey office block providing open plan office, stores and staff accommodation including kitchen area and 2 w.c.'s. Unit has a gated yard and parking for 2 vehicles directly in front of the unit.

Location

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. Forgehammer Industrial Estate is prominently situated just off the A4051 close to Cwmbran town centre. The estate is located adjacent to an Aldi Foodstore and in close proximity to Cwmbran Retail Park. There is good access to the M4 motorway via the A4051 or A4042 dual carriageway linking to junctions 26 and 25A respectively. The population of Cwmbran itself is approximately 46,915 (2011 Census) and is the sixth largest urban area in Wales.  There are approximately 220,000 living within a 15 minute drive time.

Accommodation

Warehouse                              3,421 sq ft (317.8 sq m) Ground floor store / office           352 sq ft ( 32.75 sq m) First floor office and welfare        422 sq ft (39.17 sq m) Total  (Gross Internal Area)     4,195 sq ft  (389.7 sq m) Roller shutter door - 3m wide by 2.75m high Minimum eaves 4m. Maximum eaves 4.4m. All mains services including 3 phase electricity supply are available (gas not currently connected).

Tenure and terms

The property is available on a New Internal Repairing and Insuring Lease for a term of 3 years. A Bond / Deposit of £4,000 is required subject to reference's / financial information.

Rent / Price

£18,880 per annum exclusive paid monthly in advance.

Rateable value

Occupiers will be responsible for Business Rates. Rateable Value £8,300 (2017 List) – Rates payable £4,440.50 per annum (2021/22 Multiplier 0.535 pence). *Unit currently qualifies for an element of small business rates relief. Please contact Torfaen County Borough Council for further details and confirmation.

Estate service charge / building insurance

The cost of maintenance and management of the estate is included within the rent.

The Landlord insures the building and recovers the annual premium from the Tenant - the current annual premium for Unit 21 is £ 1,470 .

Legal costs

Each party will be responsible for their own legal and professional costs.

Energy Performance Certificate

To be re-assessed after refurbishment.

Further information

For further information please contact Jenkins Best on 02920 34 00 33
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Jenkins Best for themselves and for the vendor/lessor of this property whose agents they are give notice that:

  1. These particulars do not constitute any part of an offer or contract.
  2. All statements contained in these particulars are made without responsibility on the part of Jenkins Best for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact.
  3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
  4. The vendor/lessor does not make or give and neither Jenkins Best nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services.
  5. All terms quoted exclusive of VAT unless otherwise stated.
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