Demographics
Demographics
Annual footfall of 15.6m 5 minute walk to Cwmbran Station 40% visitor frequency increase of 38% from 2015 £756m total non-grocery spend
Annual Footfall
17.0m
Details
Location
Cwmbran is a 1,000,000 sq ft new town Shopping Centre located 18 miles north east of Cardiff and 6 miles north of Newport. The catchment totals 288,000 residents (38% more than Newport) with weekly footfall in excess of 325,000. The centre is anchored by M&S, House of Fraser, Asda and Primark, together with a nearby Vue Cinema leisure hub. The town also benefits from over 3,000 free car parking spaces. The unit is located on the upper level of The Parade with retailers in close proximity including Games Workshop, First Choice and Cwmbran Barbers.
Location
Cwmbran Railway station within 500 metres of the town centre – regular connection services to London via Newport, regular services to Cardiff. Bus station located within Cwmbran town centre that offers local and regional bus services. By road – dual carriageway link to the M4 motorway within a 10 minute drive to the south.
Description
Cwmbran Shopping Centre is a popular shopping destination as it is mostly under cover and has three thousand free car parking spaces - all within walking distance of the shops. You'll find 170 of the biggest shops and stores here in Wales' biggest shopping centre.
Ownership
M&G Real Estate
Number of Retail Units
170
Anchor Tenants
Primark, Asda, New Look and House of Fraser
Financial
Use Class
A1
Rent
Rent is exclusive of service charge, business rates, insurance and VAT.
Rates
Interested parties are advised to make their own enquiries to the Local Authority.
Service Charge
£2,820 (2014).
Lease Term
The premises are available by way of a new effectively FRI lease for a term to be agreed, subject to 5 yearly upwards only rent reviews.
Legal
Each party is to be responsible for their own legal cost incurred in the transaction.
Use Class
A1
Sustainability
Energy Performance Certificate
141
Travel
Parking
3,000
Contact
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Philip Gwyther
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