UNIT 4 FORGEHAMMER INDUSTRIAL ESTATE, CWMBRAN, NP44 3AA

TO LET

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Size: 2,040 sqft (189.52 sq m)

Price: £10,500 per annum (Excl.)


TO LET

INDUSTRIAL

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Key features

  • Prime commercial location
  • Excellent road links to town centre, Newport and M4
  • Mid-terraced trade counter / industrial unit
  • Open plan warehouse
  • Eaves height - 3.8m
  • Roller shutter door access (3.0m width x 2.75m height)
  • Small secure yard area
  • First floor office
  • WC and kitchen facilities
  • Gross Internal Area 2,040 sq ft (189.5 sq m)

RECENTLY REFURBISHED TRADE COUNTER / INDUSTRIAL UNIT

Description

Forgehammer Industrial Estate a multi-let industrial estate comprising of 24 industrial / trade counter units that has been improved recently though a programme of unit refurbishments and upgrades.  The Estate is arranged across two distinct levels which both have separate access via Woodside Road.  Unit 4 is situated on the upper level of the Estate

Unit 4 is a mid-terraced unit of steel portal frame construction with brick elevations.  The unit has recently been refurbished and offers an open plan production / warehouse area with an eaves height of 3.8 metres.  Access is via a single roller shutter door with ramped access (3.0m width x 2.75m height) to the front elevation and two single pedestrian door.  There is a 2-storey office block providing open plan office accommodation, stores, kitchen area and 2 W.C.'s. The property has all mains services including 3 phase electricity supply are available (gas not currently connected) and has been fitted with LED lighting throughout.

Externally, Unit 4 benefits from a small self-contained yard area with a vehicular access gate for loading / unloading.  There is also a shared forecourt offering an additional 2 car parking spaces with access via a separate pedestrian entrance gate.

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. The population of Cwmbran itself is approximately 46,915 (2011 Census) and is the sixth largest urban area in Wales.  There is approximately a population of 220,000 living within a 15 minute drive time. 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. The location also benefits from nearby public transport facilities including rail and bus services. There is good access to the M4 motorway via the A4051 or A4042 dual carriageway linking to junctions 26 and 25A respectively.

Accommodation

Warehouse                                1,279 sq ft (118.81 sq m)

Ground floor store / office          382 sq ft ( 35.52 sq m)

First floor office and welfare       379 sq ft (35.17 sq m)

Total Gross Internal Area         2,040 sq ft  (189.5 sq m)

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 £3,000 is required subject to reference's.

Rent / Price

£10,500 per annum (Exclusive). Payable monthly in advance.

Rateable value

Occupiers will be responsible for Business Rates. Rateable Value £4,950 (2017 List).  This equates to Business Rates payable of £2,648.25 per annum (2020-21 multiplier = 0.535). Unit currently qualifies for 100% 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 4 is £760 paid monthly in advance.

Legal costs

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

Energy Performance Certificate

E-118. Certificate available upon request.

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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