Cwmbran Retail Park, Cwmbran NP44 3JQ
1 Cwmbran Retail Park, Cwmbran NP44 3JQ TORFAEN, SOUTH WALES CWMBRAN RETAIL PARK DOMINANT RETAIL PARK INVESTMENT OPPORTUNITY 2 Cwmbran Retail Park, Cwmbran NP44 3JQ 3 Cwmbran Retail Park, Cwmbran NP44 3JQ INVESTMENT HIGHLIGHTS • Cwmbran is located in Torfaen, South Wales, around 29km Offers are sought in the region of (18 miles) north east of Cardiff and 88 km (55 miles) east of Swansea. The town has a 10 minute catchment population of 75,320 people which increases to 169,928 people within £33,380,000 15 minutes (CACI Ltd). (Thirty Three Million, Three Hundred and Eighty • Cwmbran Retail Park comprises a purpose-built retail Thousand Pounds), subject to contract and exclusive warehouse park configured in an linear east facing terrace of VAT for the Freehold interest in this property. and stand-alone unit providing in the order of 12,623 sq m (135,870 sq ft) of retail floorspace and parking for 517 vehicles. A purchase at this level would show the following yield profile allowing for purchaser’s costs of 7.74%. • The scheme represents the only out of town retail and DIY offer in the catchment with destination tenants such as Initial Yield 6.25% Next, TK Maxx, Pets at Home, Curry’s/PC World, DW Sports, Halfords and B&Q. Running Yield 2019* 6.47% • Fully let on FRI terms to 10 occupational tenants, the park Running Yield 2021* 6.54% produces a current annual rent of £2,247,450, reflecting rents psf between £13.58 and £20.00 psf. *yields assume 3% cap achieved on B&Q and DW Sports reviews.
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