Industrial to let in Unit 1 Avondale Industrial Estate, Cwmbran NP44

Description

Established trade location
Unit 1 is detached industrial / trade / warehouse unit with the following specification:
Steel frame construction
Minimum eaves height 3.2 metres, Maximum eaves height 5.5 metres
2 No. Level loading door - width 3.4 metres, height 4.1 metres
Amenities block includes WC facilities
Gated secure storage yard
Forecourt parking and loading area
Fenced and gated estate
Nearby occupiers include City Electrical Factors.

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 are approximately 220,000 living within a 15 minute drive time. Avondale Industrial Estate is situated to the north of Cwmbran town centre with frontage to Avondale Road. There is good access to the M4 motorway via the A4051 or A4042 dual carriageway linking to junctions 26 and 25a respectively.

Accommodation

Gross Internal Area - 15,187 sq ft (1,411 sq m)

Eaves Max: 5.5 metres Min: 3,2 metres

Roller Door x2: 4.1m h x 3.4m w

Tenure and terms

Unit 1 is available by way of a new Full Repairing and Insuring Lease for a Term of years to be agreed.

Rent / price

£64,545 per annum (Excl.) VAT payable in addition.

Rateable value

Rateable Value £68,500 (2023 List (Multiplier 56.2 pence 2024/25). Rates Payable £38,497.

Please contact Torfaen Council for additional information / confirmation

Estate service charge / building insurance

Please note that an Estate Maintenance Charge is applicable - budget contribution for Unit 1 is £5,265 (excl.). Reviewed September 2024.

Landlord insures the building and recovers the premium from the Tenant - Premium determined by use, current annual premium approximately £2,190. Reviewed June 2024.

Legal costs

Each party to bear their own legal and professional costs.

Energy performance certificate

EPC Rating B (47). Certificate available on request.

Further information

For further information or to arrange a viewing please contact Jenkins Best