UNIT 72 SPRINGVALE INDUSTRIAL ESTATE, CWMBRAN, TORFAEN, NP44 5BD

TO LET

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Size: 1,500 sqft (139.35 sq m)

Price: £11,500 per annum (Excl.)


TO LET

INDUSTRIAL

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Key features

  • Recently Refurbished Industrial Unit
  • Open plan warehouse
  • Roller Shutter Door access
  • 3 Phase Electicity
  • Integral office accommodation
  • WC facilities
  • New roof
  • LED lighting
  • Established Industrial Location
  • Close to CwmbranTown Centre

RECENTLY REFURBISHED INDUSTRIAL UNIT

Description

Springvale Industrial Estate is a large multi-let Estate situated in Cwmbran. The Estate was constructed between the late 1970’s and mid 80’s and is now an established commercial location that is home to a range of occupiers.

Unit 72 is set within cul de sac that is accessed via the main estate road and benefits from roadside visibility.  It comprises a mid-terraced industrial unit with brickwork / metal profile sheet elevations, under a newly refurbished pitched roof.  Externally the unit has a tarmacadam forecourt for parking and loading/unloading.

Location

Cwmbran is a busy town located in South East Wales, approximately 5 miles from Newport and 18 miles from Cardiff.  The town has a population of around 50,000 and has good road communications, being located 4 miles from junction 26 of the M4. The town also has good rail links. The property is located on Springvale Industrial Estate, in close proximity to the town centre and all the amenities it offers.The estate is home to a range of industrial and trade counter style operators including Initial, Cyril Luff, Amerex, Fike, Cwmbran Van Hire and many more.

Accommodation

Gross Internal Area 139.35 sq m (1,500 sq ft) The unit benefits from a single roller shutter door with separate personnel access, and an external enclosed yard.  Internally, the unit offers an open plan warehouse area with single office and WC areas.  Three phase electricity is also available.  A refurbishment has been undertaken to include a new roof, LED lighting, painted warehouse floors, new flooring to offices and WCs, and general redecoration throughout. Warehouse -  minimum eaves height 3.25 metres, maximum eaves height  4.47 metres Roller shutter door (electric) - width 2.98 metres, height 2.98 metres

Tenure and terms

Unit 72 is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.

Rent / Price

£11,500 per annum (Excl.) VAT payable in addition.

Rateable value

Occupiers will be responsible for Business Rates. Rateable Value £5,200 (2017 Listing). The current Uniform Business Rate Multiplier for Wales is 0.535 for the period 1st April 2020 to 31 March 2021. This equates to Business Rates payable of £2,782 per annum. Unit currently qualifies for 100% small business rates relief. Please contact Torfaen County Borough Council for additional information.

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 – budget contribution for 2020 is estimated to be £1,086 per annum (Excl.) The Landlord insures the Building and recovers the annual premium from the Tenant - the current Building Insurance premium is to be confirmed dependent on proposed use.

Legal costs

Each party responsible for their own legal and professional costs.

Energy Performance Certificate

C-75. Certificate available upon request.

Further information

For additional information or to arrange a viewing please contact Jenkins Best on 02920 340033
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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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