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9 North Walk Rees Road, Cwmbran, NP44 1PB

Use Class

Use Class

E(a)

Size

Size

2,444 sq ft

Rent pa

Rent pa

£46,000

Market Sector

Market Sector

Shopping Centre

Description

Ground floor retail unit.

Location

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.

The unit is located on North Walk with nearby occupiers including Subway, Supercuts, CEX and Poundland.

Accommodation

2,444 Sq.Ft

Areas
Sq.Ft
Sq.M
Ground Floor Sales
2,019
187
First Floor Stock
425
39.5

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 upward 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.

Costs

Each party is responsible for their own legal costs incurred in this transaction.

Service Charge

£15,366 (2018).

Rates

Rateable Year:
2018
Rateable Value:
£39,000.00
Rates payable:
£20,046.00
UBR:
51.4p/£

Sustainability

C - 67.

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.

McMullen Real EstateKLM Real EstateE J Hales

Disclaimer

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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