M&G Real Estate

13/14 Gwent Square, Cwmbran Shopping Centre

Rees Road
Cwmbran, NP44 1PB

Use Class E(a)

£99,000

Use Class

E(a)

Rent pa

£99,000

Marketed by E J Hales, KLM Retail

Last updated 08/02/2021

Cwmbran is a 1,000,000 sq ft new town Shopping Centre located 18 miles north east of Cardiff and 6 miles north of Newport. The catchment totals 288,000 residents (38% more than Newport) with weekly footfall in excess of 325,000.

The centre is anchored by M&S, House of Fraser, Asda and Primark, together with a nearby Vue Cinema leisure hub.  The town also benefits from over 3,000 free car parking spaces.

The unit is located on a prime position adjacent to Home Bargains and Deichmann with other retailers in the close vicinity including Poundland, Superdrug and House of Fraser.

Use Class

A1

Financial

Lease Term

The premises are available by way of a new effectively FRI lease for a term to be agreed, subject to 5 yearly upwards only rent reviews.

Legal

Each party is to be responsible for their own legal cost incurred in the transaction.

Rent

Rent is exclusive of service charge, business rates, insurance and VAT.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Rateable Year:	2014
Rateable Value:	£92,500.00
Rates Payable:	£43,753.00
UBR:	--

Service Charge

£31,519 (2014).

Sustainability

Energy Performance Certificate

Last Updated

08/02/2021

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.