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LET AGREED

High Street, Chepstow, Monmouthshire, NP16

£1,667 pcm
£20,000 pa

£9.71 per sq. ft.

Business rates & charges may apply

Bladen Property Consultants, Chepstow
SIZE AVAILABLE

2,060 sq. ft.

(191 sq. m.)

SECTOR

High street retail property to lease

USE CLASS
Use class orders: A1 Shops

A1

Lease details

Lease type:
Long term
Furnish type:
Unfurnished

Key features

  • Prominent retail unit with sales area, large rear store, ancillary/storage on upper floors and parking.
  • Suitable for retail use with potential for A2/A3 uses subject to planning consent.

Property description

LOCATION

The property is located in Chepstow, on the High Street and opposite Beaufort Square, which forms part of the towns 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, WHSmith, Boots, HSBC and Lloyds Bank.

DESCRIPTION

Prominent retail unit with sales area, large rear store, ancillary/storage on upper floors and parking.
Suitable for retail use with potential for A2/A3 uses subject to planning consent.

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 72.69 783
ITZA 568
Rear Sales 22.46 242
Warehouse 33.32 359
First Floor 35.41 381
Second Floor 27.55 297

Total Net Internal Area 191.43 2,060

TENURE

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

RENT

£20,000 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: £17,000

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 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
January 2022

Brochures

High Street, Chepstow, Monmouthshire, NP16

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chepstow Station0.2 miles
  • Caldicot Station5.4 miles
  • Severn Tunnel Junction Station5.9 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference BCPC. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bladen Property Consultants, Chepstow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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