Unit 12, Gwent Shopping Centre, Tredegar
Tredegar, NP22 3EJ

  • map
Ben Davies

The Agent

Ben Davies
Associate

02920 346311

Specification

  • RETAIL
  • 907 sqft (84 sqm)
  • To let
  • £7,500 per Annum

Description

LOCATION:

Gwent Shopping Centre is located in the centre of Tredegar town centre and benefits from a district population of some 85,000 persons. Notable tenants include Home Bargains, Original Factory Shop, Superdrug, Farmfoods and Tesco, amongst other national and local occupiers.

Adjacent to the shopping centre is a free car park providing 168 spaces along with the town centre bus station. In addition, Lidl occupy a store directly opposite the Commercial Street entrance to the shopping centre.

DESCRIPTION:

The premises provides a ground floor retail unit with a raised sales area and office accommodation to the rear of the unit.

ACCOMMODATION:

The premises provides the following approximate areas and dimensions:-

Gross Frontage 4.62 m 15 ft 02 ins
Net Frontage 3.97 m 13 ft 00 ins
Internal Width 3.88 m 12 ft 09 ins
Shop Depth 10.92 m 35 ft 10 ins
Ground Net Internal Area 84.26 sq.m 907 sq ft

LEASE TERMS:

This premises is available by way of a new full repairing and insuring lease, via a service charge, for a term to be agreed, at a quoting rent of £7,500 pax.

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

Steve Phillips, Group Finance Director, Welsh Rugby Union Group