The property, which has A3 planning consent, forms part of Cwmbran Leisure Scheme adjacent to Cwmbran Town Centre and comprises a fully fitted ground floor restaurant / takeaway unit in close proximity to Vue Cinema, Hollywood Bowl and Harvester Restaurant.
The premises are available by way of an assignment of an existing lease which is for a term of 15 years from 10th August 2023 subject to upward only rent reviews at the end of the 5th & 10 years. There are tenant only options to break the lease at the end of the 5th and 10th years, subject to a break penalty of £7,500 plus VAT.
The current rent is £30,000 plus VAT per annum exclusive and premium offers in excess of £40,000 plus VAT are invited for the lease to include the fixtures and fittings (exact items to be agreed).
The estimated service charge for the year ended 31st December 2024 is £4,175 plus VAT.
Ground Floor Area | 151.5 sqm | 1,631 sqft |
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