Industrial to let

Description

Modern semi-detached industrial / warehouse unit with loading bay

Integral 2 storey amenity/office block

Warehouse Eaves Heights: Minimum - 6.0m, Maximum 9.0m

Includes adjacent office accommodation (held by way of separate lease)

40 car parking spaces

Secure yard for loading / unloading to the rear

Set within landscaped grounds

Adjacent to A4042 providing easy access to M4, Cwmbran and Newport

Location

The property is located in a strategic location in South East Wales directly off the A4042 south of Pontypool in an established commercial location.

The site has excellent connections to the road network:

2 miles from Cwmbran

7 miles from junction 26 of the M4 motorway (Newport)

15 miles from J30 of the M4 (Cardiff Gate)

10 miles from Abergavenny

Also well connected by sea, rail and air:

10 miles from Newport Docks

34 miles from Cardiff airport

41 miles from Bristol airport

Less than half a mile from Pontypool and New Inn train station

Occupiers in the immediate vicinity include Premier Inn, Harvester Best Western, kfc, McDonalds and a Shell petrol filling station.

Accommodation

Main Warehouse 70,106 sq ft (6,513.07 sq m)

Loading Bay 4,581 sq ft (425.60 sq m)

Integral Ground Floor Office 3,070 sq ft (285.29 sq m)

Integral First Floor Office 4,316 sq ft (401.04 sq m)

Ground Floor Ancillary/Amenities 4,237 sq ft (393.64 sq m)

Adjacent First Floor Office 6,642 sq ft (617.06 sq m)

total (Gross Internal Area) 92,952 sq ft (8,635.70 sq m)

Main Warehouse

Steel portal frame construction consisting of 3 bays, minimum eaves heights 6.0 metres, maximum eaves height 9.0 metres, served by adjoining Loading Bay.

Loading Bay

3 no. Level Roller Door access, 2 x width 2.5 metres & height 3.0 metres, 1 x width 4.4 metres & height 4.4 metres.

Integral Office Accommodation

Arranged over two floors providing open plan accommodation.

Integral Ancillary / Amenities

Provides a canteen, WC & changing facilities accessed directly via the warehouse accommodation.

Adjacent First Floor Offices

Mix of open plan and cellular offices/meeting rooms benefitting from separate kitchenette facilities for office based staff. There is also a passenger lift and WC facilities situated in the common parts of the building.

Tenure and terms

The warehouse and adjacent first floor offices are held on two separate leases.

Both are available on a sub-lease until Jun 2024.

A longer term may be available by separate negotiation with the Landlord.

Rent / price

Price on Application

Rateable value

Rateable Value £282,500 (2023 List).

The current ubr (Uniform Business Rate) is 0.562 pence in the pound for Wales for the period 1st April 2020 to 31 March 2021.

This equates to Business Rates payable of £158,765

Please contact Torfaen County Borough Council for further details.

Estate service charge / building insurance

A service charge is levied for the upkeep and maintenance of internal and external common areas, further details and budget available on request.

The Landlord insures the Unit and recovers the annual premium from the Tenant - annual premium available upon request.

Legal costs

Each party will be responsible for their own legal costs.

Energy performance certificate

To be re-assessed.

Further information

Please contact sole agents Jenkins Best