Moor Street, Chepstow, Monmouthshire, NP16

LOCATION

The property is located in Chepstow, on Moor Street, linking to High Street which forms part of the town's main retailing pitch. This is a busy vehicular route linking the A48 with 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 M&S Foodhall, Pontio Lounge, Coffee #1, Superdrug, Greggs, Monmouthshire Building Society, WHSmith, Boots and Lloyds Bank.

DESCRIPTION

Retail unit with A3 (sale of hot food and drink) planning permission.
Residential accommodation above.

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
Sales 84.42 909
WC
Total Net Internal Area 84.42 909

TENURE

The property is available to let by way of a new lease.

RENT

£16,500 per annum plus VAT.

BUSINESS RATES

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

Description: Shop & Premises
Rateable Value: £13,000.

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 believe VAT is chargeable on the rent.

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 A3 (Sale of Hot Food & Drink) Use 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 property has an EPC of C.

VIEWING & FURTHER INFORMATION

Through sole agents Bladen Commercial Property Consultants:-

Julian Bladen SUBJECT TO CONTRACT
February 2025