Glyndwr Rd 9,928 SF Office/Retail Condo Unit Offered at $588,640 in Cwmbran NP44 1QS

INVESTMENT HIGHLIGHTS

  • Located in a thriving commercial centre in South Wales, 17 miles north-east of Cardiff.
  • A modern ground floor Educational Facility built in 2008.
  • Within the town’s prime leisure complex.
  • 999 year leasehold at a peppercorn.
  • Providing 9,928 sqft of flexible space.
  • Immediately adjacent to a 700,000 sqft shopping centre (the second largest in Wales with 3,000 free car parking spaces).

EXECUTIVE SUMMARY

Cwmbran Leisure was constructed in 2008 and comprises a purpose built leisure complex arranged over ground and first floor. The scheme is anchored by Vue cinema comprising 8 screens over 21,000 sqft of ground and first floor. Hollywood Bowl comprises a 20 lane bowling complex with a late night licensed bar. The ground floor Educational Facility provides classrooms, break out areas and an internal café as part of a £450,000 tenant fit out. The structural layout provides excellent flexibility for the future.

PROPERTY FACTS

Price $588,640
Unit Size 9,928 SF
No. Units 1
Total Building Size 90,613 SF
Property Type Retail (Condo)
Property Subtype Movie Theater
Sale Type Investment
Building Class B
Floors 3
Typical Floor Size 44,666 SF
Year Built 2008
Lot Size 12.67 AC
Parking Ratio 38.63/1,000 SF

1 UNIT AVAILABLE

Unit Education

Unit Size 9,928 SF
Price $588,640
Price Per SF $59.29
Condo Use Office/Retail
Sale Type Investment
Tenure Long Leasehold
Cap Rate 9.38%
NOI $55,225.65
DESCRIPTION

Town centre commercial centre in South Wales, providing 9,928 sq ft of flexible space.

SALE NOTES

Offers in Excess of £453,000 (Four Hundred and Fifty Three Thousand Pounds) subject to contract and exclusive of VAT.
A purchase at this level reflects a Net Initial Yield of 9% based on purchaser’s costs of 4.26%.
With an uncapped RPI review in 2026 (upwards only).
The price equating to a low capital value of £45.63 Psf overall.

Internal space
Internal space
Internal space
View Photo Internal space
View Photo Internal space
View Photo Internal space

AMENITIES

  • Bus Line
  • Commuter Rail
  • Security System

NEARBY MAJOR RETAILERS

Morrisons
Iceland
Coffee #1
Co-op Bank
Barclays
Costa Coffee
HSBC
Santander
Shaws
Starbucks
  • Listing ID: 28073042

  • Date on Market: 3/27/2023

  • Last Updated:

  • Address: Glyndwr Rd, Cwmbran NP44 1QS