The Square, NP26

LOCATION

The property is located in Magor, a large village in south Monmouthshire, situated in between Chepstow and Newport. The property is situated on the edge of the attractive Magor Square in the centre of the village. Nearby are a range of shops and restaurants and two pubs. Magor provides good access to the M4 and M48 motorways to South Wales, The Midlands and The South West.

DESCRIPTION

Retail unit with glazed shop front.
Sales area with counter to the front.
Kitchen and food preparation area to the rear.

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
Sales Area & Kitchen 26.65 287
Total Net Internal Area 26.65 287

TENURE

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

RENT

£7000 per annum exclusive.

BUSINESS RATES

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

Description: Shop & Premises
Rateable Value: £6,500


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 rent but this will be confirmed.

PLANNING

We have not made any enquiries Monmouthshire County Council with regards to the current planning consent, however, we have assumed that the property will be suitable for A1 (Retail), A2 (Financial and Professional) Services and A3 (Restaurants & Cafes) 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.

VIEWING & FURTHER INFORMATION

Through sole agents Bladen Property Consultants