27 The Parade (First Floor)

Cwmbran, NP44 1PB

27 The Parade  (First Floor)

Demographics

Demographics

Annual footfall of 15.6m 5 minuet walk to Cwmnran Station 40% visitor freaquency 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, Marks & Spencer and Asda

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.

Use Class

A1

Sustainability

Energy Performance Certificate

141

Travel

Parking

3,000

Parking Spaces

3000

Contact