To Let (Last remaining unit)
To Let (Last remaining unit) Retail, Restaurant, Office Opportunity at Wales 1Business Park
Building 103 ‘The Hub’
Wales 1 Business Park Junction 23A of the M4 Motorway, Monmouthshire NP26 3DG 1,448 sq ft (134.61 sq m) Prominent and established scheme on a motorway junction New Hampton Hilton Hotel and Monmouthshire Council offices New occupiers including Subway, Sawyers Bar & Grill and Appletree Nursery
Location
Description
Strategically and prominently located at the gateway to South Wales at Junction 23a of the M4 Motorway. In excess of 90,000 vehicle movements along this stretch each day allowing those living in both England and Wales a fast and easy route to work. In close proximity are the settlements of Magor, Undy and Caldicot (population 19,000)
Wales 1 has been master planned to comprise over 260,000 sq ft of offices and associated accommodation and now boasts a 127 bed Hampton Hilton Hotel, new offices (Building 104) for Monmouthshire Council (which houses over 400 staff) and a new leisure and retail development known as Building 103. The building and estate have been designed to reduce day to day running costs resulting in lower carbon footprints and lower overall occupational costs, a biproduct of which is an extremely low service charge. 103 is the fourth building at Wales 1. It is two storey’s comprising ground floor accommodation suitable for A3 and retail uses and upper floor occupied by Appletree Nursery. There is scope for outside seating areas, dining and display.
Accommodation Measurements (GIA) have been supplied by the developer: Ground Floor
1,448 sq ft
(134.61 sq m)
Service Charge A service charge will be levied to cater for the maintenance and repair of common parts of the estate and building and will be £1.50 per sq ft per annum excluding utilities.
Rent / Price We are quoting rents from £16.50 per sq ft per annum for a standard fully repairing lease.
Business Rates The unit is to be assessed.
Legal Costs Each party to be responsible for their own legal costs. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement. The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk
Asbestos Regulations It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2006 (CAR 2006). The detection of asbestos and asbestos related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source. SUBJECT TO CONTRACT Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
Viewing Arrangements/Further Information Alder King Property Consultants and Savills Contact Tel Fax Email Email
Owen Young / Simon Price 02920 220000 / 0117 3171000 02920 220022 / 0117 3171001 [email protected] [email protected]
Joint agents
Ref Date
Savills Jenkins Best
OY - 73605 January 2015
02920 368963 02920 340033
Building 103 ‘The Hub’
Wales 1 Business Park Junction 23A of the M4 Motorway, Monmouthshire NP26 3DG 1,448 sq ft (134.61 sq m) Prominent and established scheme on a motorway junction New Hampton Hilton Hotel and Monmouthshire Council offices New occupiers including Subway, Sawyers Bar & Grill and Appletree Nursery
Location
Description
Strategically and prominently located at the gateway to South Wales at Junction 23a of the M4 Motorway. In excess of 90,000 vehicle movements along this stretch each day allowing those living in both England and Wales a fast and easy route to work. In close proximity are the settlements of Magor, Undy and Caldicot (population 19,000)
Wales 1 has been master planned to comprise over 260,000 sq ft of offices and associated accommodation and now boasts a 127 bed Hampton Hilton Hotel, new offices (Building 104) for Monmouthshire Council (which houses over 400 staff) and a new leisure and retail development known as Building 103. The building and estate have been designed to reduce day to day running costs resulting in lower carbon footprints and lower overall occupational costs, a biproduct of which is an extremely low service charge. 103 is the fourth building at Wales 1. It is two storey’s comprising ground floor accommodation suitable for A3 and retail uses and upper floor occupied by Appletree Nursery. There is scope for outside seating areas, dining and display.
Accommodation Measurements (GIA) have been supplied by the developer: Ground Floor
1,448 sq ft
(134.61 sq m)
Service Charge A service charge will be levied to cater for the maintenance and repair of common parts of the estate and building and will be £1.50 per sq ft per annum excluding utilities.
Rent / Price We are quoting rents from £16.50 per sq ft per annum for a standard fully repairing lease.
Business Rates The unit is to be assessed.
Legal Costs Each party to be responsible for their own legal costs. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers establish the VAT implications before entering into any agreement. The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk
Asbestos Regulations It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2006 (CAR 2006). The detection of asbestos and asbestos related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source. SUBJECT TO CONTRACT Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office.
Viewing Arrangements/Further Information Alder King Property Consultants and Savills Contact Tel Fax Email Email
Owen Young / Simon Price 02920 220000 / 0117 3171000 02920 220022 / 0117 3171001 [email protected] [email protected]
Joint agents
Ref Date
Savills Jenkins Best
OY - 73605 January 2015
02920 368963 02920 340033
