Monnow Street, Monmouth, Monmouthshire, NP25

DESCRIPTION

An opportunity to purchase a Grade II Listed, dual fronted commercial property set in a prominent position at the top of Monnow Street overlooking the historic Agincourt Square. The property benefits from accommodation over four floors with access points to the front and side elevations providing flexible use and redevelopment opportunities subject to planning. Requiring sympathetic modernisation throughout, the property provides an excellent investment or redevelopment opportunity in the popular market town of Monmouth.

SITUATION

The property is well positioned within the heart of the historic town of Monmouth with frontage onto both Agincourt Square and main thoroughfare of Monnow Street. Monmouth is an expanding town of over 10,000 population but serving a much larger area and benefits from excellent transport links to both the Midlands, South Wales and West County. The town also benefits from an excellent choice of well-known schools both in the state and independent sector, as well as a good balance of local and national retailers situated in the main street including, Waitrose, Marks and Spencer Simply Food and White Stuff etc.

ACCOMMODATION

The ground floor arcade space extends to approximately 696sq ft comprising open plan area to the front with large window display space directly onto the main High Street of Monmouth town centre. To the rear of the ground is additional space arcade space, with stairs leading down to the basement understood to have previously been in use as a bar. Internal access from the ground floor and side access from Monnow Street is provided to the staircase accessing the first and second floors providing a range of accommodation previously utilised as additional commercial space however providing potential for a range of residential conversion (STP). The property provides light and spacious accommodation with excellent ceiling height throughout. sqm sqft Basement 71.70 771.80 Ground Floor 64.66 695.97 First Floor 55.23 594.54 Second Floor 53.90 580.14

BUSINESS RATES & COUNCIL TAX

Floor Level - Ratable Value (current) Basement/ GF - £13,500 First Floor - £ 5,000 Second Floor - £ 4,350

PLANNING

The ground floor is understood to benefit from a Sui Generis commercial use however interested parties are advised to make their own investigations with regards use class of the property.

TENURE

Freehold with vacant possession on completion. A telecommunications mast to the roof is also available subject to separate negotiation.

SERVICES

We understand that the property benefits from mains water, drainage and electric.

VIEWING

Strictly by appointment with David James

LOCAL AUTHORITY

Monmouthshire County Council