Unit 7, Taverner Trading Estate, Caerleon, Newport

LOCATION
The historic town of Caerleon is situated 3.5 miles Northeast of
Newport and 5.5 miles southeast of Cwmbran. It is located 2 miles
from the M4 motorway and wider motorway network. The town has
an immediate population of approximately 7,801. It benefits from well
regarded junior and comprehensive schools and provides a range of
shops, pubs and restaurants.

The property is located on Taverner Trading Estate, the town’s
primary industrial location. Other occupiers on the trading estate
include Gwent Aluminum and PVC, Village Autos, RW Auto Specialist
Ltd and Usk Vets.

DESCRIPTION
The property provides an industrial unit of block and brick wall
construction, sheet metal profile roof and concrete floors. The
property consists of an open plan warehouse area with 2 WC facilities
and a reception area.

The warehouse unit benefits from mainly LED strip lighting, phase 3
power and a minimum eaves heigh of 3.43m. Access to the property
is via a fob door and a roller shutter door measuring 3.97m wide by
4.m high.

The reception area benefits from suspended ceilings with lighting and
a mixture of tiled flooring.

The estate has shared communal parking.

ACCOMMODATION
Ground Floor:

271.96 sq m
(2,927 sq ft)

PLANNING
We understand that the property benefits from planning consent for
use class D2 Gym use but would be suitable for industrial/storage use
subject to the necessary planning consent. We recommend that
interested parties make their own enquiries to the local authority.

LOCAL AUTHORITY
Newport City Council:
Tel:

RATING ASSESSMENT
RATEABLE VALUE:
RATES PAYABLE:
£12,500
£6,275

TENURE
The property is available to let by way of a new lease direct with the
landlord, for a term of years to be agreed at a rent of £19,500 plus
VAT exclusive.

Tenant will be required to contribute to maintenance of the Estate
Road, landscaping and shared services on the estate.