Beaufort Square, Chepstow, Monmouthshire, NP16

LOCATION

The property is located in Chepstow, on the edge of Beaufort Square which forms part of the town's main retailing pitch. This is a busy vehicular route linking the A48 with Chepstow High Street (B4293). There is easy access to the M48 and M4 motorway network to the south and the Severn Bridge. The immediate vicinity comprises a mix of national and independent operators including Costa Coffee, Coffee #1, Superdrug, Greggs, Monmouthshire Building Society, WH Smith, Boots, and Lloyds Bank.

DESCRIPTION

* Prominent ground floor retail premises with substantial first floor accommodation.
* Open plan sales area.
* Prominent visual location on Beaufort Square.
* Public car parks less than one minute walk away

ACCOMMODATION

The property has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) the property comprises the following (approx.) areas:-

Description sq m sq ft
Ground Floor 78.85 849
First Floor 158.19 1703
Total Area 237.04 2552

TENURE

The property is available by way of a new fully repairing and insuring lease on terms to be agreed.

RENT

£18,000 (eighteen thousand pounds) per annum.

BUSINESS RATES

The Valuation Office Agency website states the premises are currently entered into the rating list as follows:-

Description: Shop & Premises
Rateable Value: £21,500

Interested parties are advised to make their own enquiries with Monmouthshire County Council to ascertain the exact rates payable.

COSTS

Each party to bear their own legal costs incurred in the transaction.

VAT

All prices are quoted exclusive of VAT whether or not chargeable. We do not believe VAT is chargeable on the purchase price, but this will be confirmed.


PLANNING

We have not made enquiries with Monmouthshire County Council with regards to the current planning consent, however, we have assumed that the property has planning for A1 (Retail) under the Town & Country Planning (Use Classes) Order 1987. Interested parties are advised to make their own enquiries to ensure their proposed use would be permitted.

ENERGY PERFORMANCE CERTIFICATE (EPC)

The EPC for this property has been commissioned.

VIEWING & FURTHER INFORMATION

Through sole agents Bladen Commercial Property Consultants:-

Julian Bladen SUBJECT TO CONTRACT
October 2023