High street retail property for sale
Llantarnam District Centre, Off Newport Road, Llantarnam
- SIZE AVAILABLE
8,000 sq ft
743 sq m
- SECTOR
High street retail property for sale
Key features
- Fully let newly developed District Retail Centre, totalling circa 8,000 sq ft (743.2 sq m).
- Development comprises three retail units with communal car parking, including four EV charging spaces.
- Total rental income of £159,875 per annum (including EV charging of £10,500 per annum). The rental income of the three commercial units averages £18.67 per sq ft.
- Occupiers include Tesco, Llantarnam Veterinary Practice and a local coffee shop (T/A Coffee & Co).
- The District Centre is established to serve the growing residential catchment population of Llantarnam and southern Cwmbran, and the extensive new build housing within the immediate area.
- WAULT of 16.16 years to expiry and 16.16 years to break.
- Total site area of 1.07 acres (17.16% site coverage).
- PRICE: £2,400,000
Description
LOCATION
The site benefits from a prominent position off Newport Road in the village of Llantarnam, amongst an area of extensive new housing and close to established Business Parks and Industrial Estates. Newport Road provides direct access to the A4042 North and the A4042 and Malpas Road to the south. Llantarnam is just 1 mile south of Cwmbran, and 2 miles north of Junction 26 of the M4 Motorway.
This wider area generally is well served by Cwmbran with an array of amenities, including primary and secondary schools, retail and leisure hubs, the new Grange hospital and doctor surgeries, located a short drive from the site. The nearest train station is Cwmbran which is less than 1mile away. Access to the site is provided off a newly constructed road which serves the adjacent new build housing development known as The Maltings.
Description
The property comprises a purpose built 8,000 sq ft district shopping centre which was constructed in 2025. In total, the centre accommodates a national retail occupier, a veterinary practice and a local coffee shop/restaurant.
The Llantarnam District Centre benefits from 33 car parking spaces (including 4 EV charging spaces) and motorcycle / bike parking provisions. The property also includes a service yard and ample outdoor amenity space.
Accommodation
Llantarnam District Centre comprises the following floor areas:
Unit 1 - 4,000 sq ft (371.6 sq m)
Unit 2 - 2,500 sq ft (232.25 sq m)
Unit 3 - 1,500 sq ft (139.35 sq m)
Total: 8,000 sq ft (743.2 sq ft)
Terms
The property is available freehold.
Rental/Asking Price
Offers sought in excess of £2,400,000 (Two Million, Four Hundred Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects an attractive net initial yield of 6.25% assuming purchasers costs of 6.5%.
VAT
All figures quoted are exclusive of Value Added Tax (VAT). Any interested party should satisfy themselves as to the incidence of VAT in respect of any transaction. However, in this instance we understand that VAT is payable.
MONEY LAUNDERING
As part of our obligations under the UK Money Laundering Regulations 2017, Brinsons will require any purchaser or tenant to provide proof of identity along with any other supporting documents requested.
DATA ROOM
Includes copies of leases, title documentation, full plans and detailed specification of development.
Viewing
For further information or to make arrangements for viewing please contact sole agents:
Brinsons
Eastgate
Market Street
Caerphilly
CF83 1NX
Tel:
Joshua Isaac - joshua.
Trevor Isaac - trevor.
Brochures
Llantarnam District Centre, Off Newport Road, Llantarnam
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Cwmbran Station2.0 miles
- Newport (S. Wales) Station2.8 miles
- Rogerstone Station3.3 miles
Notes
Disclaimer - Property reference 2247FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Brinsons Limited, Caerphilly. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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