2 bedroom retail property (high street) for sale

Priory Street, Monmouth, Gwent, Monmouthshire, NP25

£325,000

Property Description

Key features

  • Ground Floor Shop with 2 Bedroom Apartment Over
  • Living Room
  • Kitchen
  • Family Bathroom

Full description

Tenure: Freehold

This excellent investment opportunity consists of attractive shop currently let on a 3 year lease with 2 bedroomed maisonette above let on a short-hold tenancy agreement and is located in the heart of the Historic centre of Monmouth. Grade II listed, terraced and on 3 floors it has been tastefully remodelled and upgraded and is being offered on a freehold basis.

The ground floor shop has ancillary rooms and a spacious cellar with pedestrian access at the rear into the White Swan car-park. The maisonette has two floors with its own independent front access. The painted rendered exterior has inset sash windows and panelled doors all set under a pitched slate roof. Internally skirting boards and architraves are moulded, doors are panelled and some of the ceilings are coved. All mains services connected and the apartment has gas fired central heating with radiators throughout. The three roomed cellar is in need of upgrading.
THE SHOP:
The shop front is bespoke and mainly glazed with timber mullions and feature panelling at low level with matching part glazed door into:

SHOWROOM: 4.42m opening to 4.7m x 3.7m
Bespoke adjustable glass shelving on two walls from floor to ceiling with downlighters, panelling at low level with display shelf. Shop front with deep front with matching panelling under each side of doorway. Pine boarded floor power, light and BT point. Through opening into:

PREP ROOM: 2.87m x 2.27m average
Pine boarded floor, trap door down to cellar. Through opening into lobby with access to cellar steps.

BACK HALL: 2.86m average x 1.84m
Quarry tiled floor. Opening into cupboard with flagstone floor. Ledged and braced back door leading out to small courtyard and access through to alleyway that leads back to Priory Street as well as into the White Swan car-park.
Sliding door into:

CLOAKROOM:
Window at high level to rear. Low level WC, Belfast sink on chrome supports.

From Back Hall through two panelled doors and down stone spiral cut stone stairs to lobby with original bell pulls and access into the following:
ROOM ONE: 3m x 3m: Former barrel run out to Priory Street. Part concrete and brick floor.
ROOM TWO: 3.42m x 3.16m: Impressive original stone carved fireplace surround, recess and original window into recess under pavement. Original basement window between this room and;
ROOM THREE: 2.92m x 2.25m average: Flagstone floor and recess.
N.B. These rooms are all in need of full refurbishment and upgrading.

THE APARTMENT:
From the street an original four panelled door with a feature semi circular leaded window above leads into; ENTRANCE HALLWAY:
Locked interconnecting door into shop. Gas meter at low level, consumer units and meters at high level. Pine boarded floor.
Upstairs with square balustrades shaped handrails with winders with door into:
UTILITY CUPBOARD:
With small window to rear. Wall mounted Combi mains gas boiler providing domestic hot water and central heating. Plumbing for washing machine, space for tumble dryer.
FIRST FLOOR LANDING:
With window to rear WITH VIEWS ACROSS White Swan courtyard. Door into:

KITCHEN: 3.04m x 2m opening to 2.27m
Window to front with views across the river Monnow to Vauxhall. Range of unfitted styled light wood kitchen units with cupboards and drawers and open shelving set under laminated tops. Inset single drainer sink with pillar tap. High gloss black wall units. Stand-alone electric cooker set into former tall fire place recess with slate tile surround and matching slate floor tiles.

Through door into:

LIVING ROOM: 4.04m opening to 4.27m x 3.37m
Two recesses, sash window to front with street views, chimney breast with feature slate surround and slate hearth.

Door into:

FAMILY BATHROOM:

Window to side. White contemporary suite comprising low level WC, basin and pedestal with mosaic splashback, shaped corner bath with curved shower screen, mixer valve with head on adjustable rail. Mosaic tiling to two sides. Doors at high and low level into shelved airing cupboard. White ceramic tiled floor.

From landing upstairs with winders, matching balustrading to:

SECOND FLOOR LANDING:

BEDROOM TWO: 3.66m x 3m opening to 3.34m
Window to front with views across the river Monnow to Vauxhall behind. Chimney breast with feature panel into former fireplace.

Through door into:

MAIN BEDROOM: 5.9m average x 3.2m
Window to front with rooftop views and window to side. Former fireplace with inset painted panel.


RENTAL INCOME:
The maisonette has a gross annual income of 7,500 and has been let on a 12 month shorthold tenancy agreement.
The shop is currently let on a 3 year lease to a barber and has a gross annual income of 12,000

SERVICES:
Mains water, electric, gas and sewer. The shop is currently exempt from business rates (small business relief scheme). Apartment Council tax band C.

More information from this agent

Nearest station

  • Lydney (10.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Roscoe Rogers & Knight, Monmouth

3 Agincourt Square, Monmouth, NP25 3BT

01600 522024 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Roscoe Rogers & Knight, Monmouth

3 Agincourt Square, Monmouth, NP25 3BT

01600 522024 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Lydney (10.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Roscoe Rogers & Knight, Monmouth

3 Agincourt Square, Monmouth, NP25 3BT

01600 522024 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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