M&G Real Estate

10 The Parade, Cwmbran Shopping Centre

Rees Road
Cwmbran, NP44 1PB

Use Class E(a)

893 sq ft

£42,500

Use Class

E(a)

Size

893 sq ft

Rent pa

£42,500

Marketed by E J Hales, KLM Retail

Last updated 24/02/2020

The unit occupies a prime location on a busy mall with nearby retailers including Carphone Warehouse, Clarks, Accessorize and Greggs

Cwmbran is a 1,000,000 sq ft new town Shopping Centre located 10 miles north east of Cardiff and 6 miles north of Newport.  Weekly footfall is in excess of 325,000. 
The centre is anchored by M&S, House of Fraser, Asda and Primark, along with Vue Cinema.  The scheme also benefits from 3,000 free car parking spaces.

Use Class

A1

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor	893	83

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 rates, service charge and VAT.

Rates

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

Rateable Year:	2018
Rateable Value:	£34,500.00
Rates Payable:	£17,733.00
UBR:	51.4p/£

Costs

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

Service Charge

£7,168.09 (2018).

Sustainability

Energy Performance Certificate Information

D - 82.

Last Updated

24/02/2020

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.