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Marketed by
13 Gwent Square Rees Road, Cwmbran, NP44 1PB
Use Class
E(a)
Rent pa
£99,000
Market Sector
Shopping Centre
Location
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.
Key Information
Legal
Each party is to be responsible for their own legal cost incurred in the transaction.
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.
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.
Service Charge
£31,519 (2014).
Rates
Sustainability
This Property is Part of a Shopping Centre
Cwmbran Shopping Centre
Cwmbran Shopping Centre is a popular shopping destination as it is mostly under cover and has three thousand free car parking spaces – all within walking distance of the shops. You'll find 170 of the biggest shops and stores here in Wales' biggest shopping centre.
Disclamier
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.
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