New Local Centre - Unit 3 Available To Let This exciting development will feature approximately 8,000 sq ft of retail and service space, centered around a landscaped car park with around 33 spaces. Unit 1 (4,000 sq ft): Terms agreed with Tesco. Unit 2 (2,500 sq ft): Terms agreed with a veterinary clinic. Unit 3 (1,500 sq ft): Available To Let - ideal for a coffee shop or other complementary uses. Don't miss the opportunity to join this vibrant new hub.
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, 4 miles north of Newport, 17 miles from Cardiff and 31 miles from Bristol with excellent links to the M4.
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 3 miles from Llantarnam.
Access to the site is provided off a newly constructed road which serves the current Redrow development known as The Maltings.
SITUATION
The local centre occupies a prominent roadside position and will service the needs of the extensive new housing proposed within the immediate locality comprising upwards of 400 units as well as the wider area encompassing Llantarnam Village and the established Llantarnam Business Park.
As per the indicative layout options, the site is set to include the following accommodation:-
Unit 1 - 4,000 sq ft (371.6 sq m) Tesco
Unit 2 - 2,500 sq ft (232.25 sq m) Vet Clinic
Unit 3 - 1,500 sq ft (139.35 sq m) AVAILABLE
Note - As site development has not commenced as yet, unit size and configuration of space is flexible.
PLANNING & TIMESCALE
Planning permission was obtained on 24th November 2022 for the construction of a commercial / retail building, landscaping and associated works. Planning consent No. 22/P/0699/FUL.
It is anticipated that construction will commence late-2024 with the completion of the site envisaged for Summer 2025.
To be separately assessed upon occupation.
Unit 3 is available to let on new full repairing and insuring leases on terms to be agreed. In addition, all occupiers will be liable to pay a service charge for the upkeep of communal areas relative to the unit size as compared to the total development.
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.
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.
Please contact our Caerphilly Office on 02920 867711 if you wish to arrange a viewing appointment for this property or require further information.
Brinsons endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
