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Beaufort Square, Chepstow, Monmouthshire, NP16

Guide Price
£695,000

Business rates & charges may apply

David James, Magor
SIZE

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SECTOR

High street retail property for sale

Key features

  • Investment Opportunity
  • High Street Location
  • Private Parking
  • Combined Rental Income in excess of £52,500 per annum exclusive

Description

A prime investment property set in a prominent position within the popular town of Chepstow with national retailer to the ground floor and established bar/restaurant to the first floor.

Description

A semi-detached commercial investment property set in a prime position on the High Street of the popular town of Chepstow and providing accommodation over two floors. The ground floor provides retail space extending to approximately 2400ft2 gross internal area with access direct onto the High Street and is let to the national retailer Superdrug. The first floor provides bar/restaurant space extending to approximately 2250ft2 gross internal area and has access from Beaufort Square and from the car park to the rear. A roof terrace is set to the rear providing additional seating area.

Situation

The property is set in a prominent position with frontage onto the High Street of Chepstow with a range of local and national retailers, bars, cafes and restaurants all ensuring a vibrant High Street with excellent footfall. The town centre is just 1.8 miles from the M48 Motorway providing access to Newport, Cardiff and Bristol via the original Severn Crossing while the A48 connects Chepstow to Sedbury and beyond. The town is well serviced by bus and train services with many public car parks within walking distance of the property.

Accommodation

Ground Floor – Open plan retail space with excellent window frontage to the High Street. Ancillary storage with rear access, offices, toilet and staff room. First floor – High quality bar/restaurant space with well equipped bar, commercial kitchen stores, toilets and large roof terrace.

Services

Mains services are understood to be connected however prospective purchasers are advised to make their own investigations.

Outside

Private parking is provided to the rear of the property with each floor benefitting from multiple access points.

Local Authority

Monmouthshire County Council –

Business Rates

Current rateable values: Ground Floor First Floor - £15,250

Viewing

Strictly by appointment with joint Agents: David James, tel and Hills Property Consultants – .

Tenure

Freehold subject to current lease agreements – further information available from agents.

Rights of Way & Easements

The property is sold with any rights, easements or incidents of tenure which affect it.

VAT

The guide price stated is exclusive of VAT whether or not chargeable.

Brochures

Beaufort Square, Chepstow, Monmouthshire, NP16

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chepstow Station0.2 miles
  • Caldicot Station5.4 miles
  • Severn Tunnel Junction Station6.0 miles

About David James, Magor

Court Barn, West End, Magor, Monmouthshire, NP26 3HT

David James, Magor

David James act in the sale, letting and valuation of all types of commercial property including offices, workshop, retail and storage premises. Historically, acting in the management of rural business lets, our service has expanded to manage investment portfolios, urban and high street properties for our retained clients, advising on lease renewal and end of tenancy matters and ensuring rent collections.

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Notes

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Disclaimer - Property reference MAG220036. 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 David James, Magor. 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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