5 & 6 Hill Street, Oakfield, Cwmbran, Torfaen

LOCATION
Cwmbran is a busy town located in South East Wales, approximately 5 miles from Newport and 18 miles from Cardiff. The town has a population of approximately 50,000 and has good road communications, being located 4 miles from junction 26 of the M4 Motorway. The town also has good rail links.

The property is located on Hill Street which is within the Ty Coch Industrial Estate, which is in close proximity to the town centre. Neighbouring occupiers include Pyramid Hygiene, Discount Tyres amongst others.

DESCRIPTION
The property consists of two adjoining units currently used as a whole.
Unit 5 is currently split into separate office accommodation with the benefit of a separate kitchen area and WC facilities. This has a mezzanine floor above, which has the benefit of natural lighting. This unit has the benefit of carpeting, strip lighting and wall sockets.
Unit 6 is an open plan warehouse accommodation with separate office and WC facilities. This benefits from concrete flooring and strip lighting.
Both units have pedestrianised access and a roller shutter door with a height of 3m and width of 2.9m.

ACCOMMODATION
First Unit 141.31 sq m (1,521 sq ft)
Mezzanine 140.15 sq m (1,509 sq ft)
Second Unit 141.31 sq m (1,521 sq ft)
Total: 282.62 sq m (3,042 sq ft)
Externally there are car park spaces to the front of the property.

PLANNING
We understand that the property benefits from planning consent for industrial use. However, we recommend that interested parties make their own enquiries to the local authority.

RATING ASSESSMENT
RATEABLE VALUE: £17,250
RATES PAYABLE: £9,798

TENURE
The industrial unit is available to let by way of a new lease direct with the landlord at a rent of £30,000 exclusive for the whole or £15,000 exclusive per unit.