The Oldway Centre, Monnow Street, Monmouth, Monmouthshire, NP25
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Office to lease
Lease details
- Lease available date:
- Now
Description
Monmouth. The unit offers accommodation over two floors providing open
plan retail space to the ground floor with ancillary office/storage space. The
first floor provides ancillary space suitable for additional sales, office or storage
space. The unit would also be deemed suitable for a range of alternative uses
subject to planning.
Accessed from Monnow Street, the unit benefits from its central position
within the town and plentiful parking available nearby.
DESCRIPTION
A prominent retail unit set within The Oldway Centre in the historic town of Monmouth. The unit offers accommodation over two floors providing open plan retail space to the ground floor with ancillary office/storage space. The first floor provides ancillary space suitable for additional sales, office or storage space. The unit would also be deemed suitable for a range of alternative uses subject to planning. Accessed from Monnow Street, the unit benefits from its central position within the town and plentiful parking available nearby.
LOCATION
The property is well positioned within the centre of the market town of Monmouth with frontage onto the popular shopping space of Oldway Centre. The town is well linked with excellent road networks providing easy access to the Midlands, South Wales and the West Country. It also benefits from an excellent variety of both local and nationwide retailers including Waitrose, Marks and Spencer Simply Food, White Stuff and Coffee#1.
ACCOMMODATION
3 Oldway Centre – approximately 1,156ft2 over two floors
SERVICES
Mains water, drainage and electric with electric heating
TERMS OF TENANCY
The tenancy will be written under the statute of the Landlord and Tenant Act 1954 and let on Full Repairing and Insuring terms with external repairs payable by way of a service charge. Tenant responsible for all outgoings including rates and services.
BUSINESS RATES
The property has a Rateable Value of £11,500. For the 2025/26 financial year, the Welsh Government has confirmed that the Non-Domestic Rating Multiplier is 0.568, resulting in rates payable of approximately £6,532 per annum. However, reliefs may be available, which could reduce the payable amount by up to 40%, bringing the estimated liability to around £3,919 per annum (approximately £326 per month). Interested parties are advised to make their own enquiries directly with the Local Authority to confirm eligibility and the precise amount payable.
LOCAL AUTHORITY
Monmouthshire County Council –
SERVICE CHARGE
Service Charge - £137 PCM Insurance - £28 PCM
VIEWING
Strictly by appointment with the Agents: David James, tel
Brochures
The Oldway Centre, Monnow Street, Monmouth, Monmouthshire, NP25
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lydney Station10.4 miles
Notes
Disclaimer - Property reference WER250162_L. 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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