The property was constructed in the 1980’s and provides quality office accommodation over two floors.
Current tenants include both national and regional occupiers.
Raglan House benefits from ample car parking facilities in a fully landscaped environment.
The office suites offer a good specification with each having its own air conditioning and heating system and benefiting from the use of a communal board room and kitchen facilities.
Internally Raglan House provides a light and attractive environment with the offices having good natural lighting and the internal communal areas being within a glazed atrium style setting, giving an attractive “break out” areas for tenants.
Nearby local attractions include the Greenhouse Public House and the Parkway Hotel & Spa and Greggs.
Location
Raglan House is a prominent two-storey office building occupying a substantial site in the established parkland setting of Llantarnam Park.
With regards to road access communications are excellent with the A4042 dual carriageway giving quick access to Junction 25a of the M4 motorway and the A4051 giving access to the M4 motorway at Junction 26 with both junctions being circa 4-miles to the south of Raglan House. Cwmbran town centre is approximately 1-mile to the north of Llantarnam Business Park providing a good selection of shops, banks, restaurants, and public houses.
Accommodation
The accommodation as follows has been measured on a net internal area basis in accordance with RICS Property Management, 2nd Edition, January 2018:-
Suite 1 - 48.95 sq m (527 sq ft)
Suite 2 - 45.82 sq m (493 sq ft)
Suite 8 - 46.45 sq m (500 sq ft)
Suite 11 - 45.60 sq m (491 sq ft)
Suite 13 - 45.14 sq m (486 sq ft)
Suites - 18 & 19 sq m (90.39 973 sq ft)
Terms
Tenure & Terms - The individual suites are available by way of a new lease on terms to be agreed.
Quoting Rental - £11.00 per sq. ft per annum exclusive of VAT and service charge.
Service Charge - The ingoing tenant will be liable to pay a service charge for the standard Landlord’s outgoings i.e., upkeep of the external fabric of the premises and common parts. Further details are available upon request.
Energy Performance Rating - The EPC Certificate that has been provided indicates that the subject property will fall within the acceptable energy performance range for the purposes of the Act, being rated as 72 / C. (Certificate N° 9872-3016-0551-0200-7621. Valid until 22nd June 2025). A copy of the certificate is available upon request.
Rateable Value - Current rateable value (1st April 2023 to present):-
Property: Suite 1, Raglan House, Llantarnam Industrial Park, Cwmbran
Description: Offices & Premises
Rateable Value: £5,900
Property: Suite 2, Raglan House, Llantarnam Industrial Park, Cwmbran
Description: Offices & Premises
Rateable Value: £5,700
Property: Suite 8, Raglan House, Llantarnam Industrial Park, Cwmbran
Description: Offices & Premises
Rateable Value: £6,000
Property: Suite 11, Raglan House, Llantarnam Industrial Park, Cwmbran
Description: Offices & Premises
Rateable Value: £5,600
Property: Suite 13, Raglan House, Llantarnam Industrial Park, Cwmbran
Description: Offices & Premises
Rateable Value: £5,700
Property: Suite 18 & 19, Raglan House, Llantarnam Industrial Park,
Cwmbran
Description: Offices & Premises
Rateable Value: £10,750
Please note that Hutchings & Thomas cannot confirm the level of any payments to the Local Authority. Interested parties are advised to make their own enquiries with the local rating authority, Torfaen County Borough Council www.torfaen.gov.uk. Small business rates relief may be available.
VAT - All figures quoted are subject to VAT that may be payable at the prevailing rate.
Money Laundering Regulations - As part of our obligations under the UK Money Laundering Regulations 2017, Hutchings & Thomas will require any tenant / purchaser to provide proof of identity along with any other required documents.
Specification
- Prominent Location
- On-Site Parking
- Landscaped Environment
- Attractive Communal areas and Meeting Room
- 24-7 access
- Suites from 200 sq. ft and 500 sq. ft upwards