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St. Thomas Square, Monmouth, Monmouthshire, NP25

£1,200 pcm
£14,400 pa

Business rates & charges may apply

David James, Magor
SIZE

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SECTOR

High street retail property to lease

Lease details

Lease available date:
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Deposit:
£1,384A deposit provides security for a landlord against damage, or unpaid rent by a tenant.Read more about deposit in our glossary page.

Key features

  • TO LET
  • A2 use (permitted change to A1 available)
  • Approximately 800ft2
  • Prime position on St Thomas Sq.
  • High footfall

Description

Prominent commercial space within the town of Monmouth providing approximately 800ft2 of accommodation as a whole having previously been utilised as two individual units.

DESCRIPTION

A well-presented ground floor unit extending to approximately 800 sq ft. and comprising two units currently occupied as one and occupying a prominent position within St Thomas Square. The property benefits from an existing Class A2 (Financial and Professional Services) use, with permitted change of use to Class A1 (Retail), making it suitable for a range of occupiers. Interested parties are advised to make their own investigations in relation to planning. The location provides good visibility and footfall within the area.

LOCATION

13 St Thomas Square is situated within Monmouth town centre, close to the historic Monnow Bridge and a short distance from Monnow Street, the town’s main commercial thoroughfare. The property occupies a visible position within a mixed-use area comprising retail, professional services, and residential premises. It is located close to a busy public car park, benefiting from strong levels of passing pedestrian footfall. Nearby occupiers include a range of local businesses, cafés, and service providers, with good vehicular access and parking facilities available in the vicinity.

ACCOMMODATION

Ground Floor approximately 800ft2

SERVICES

Mains water, drainage, electricity

TERMS OF TENANCY

The tenancy will be written under the statute of the Landlord and Tenant Act 1954 excluding the renewal provisions contained within s24 to s28 of the same. Ideally the Tenancy term will be for at least 3 years with the Tenant occupying on Internal Repairing terms with the Landlord responsible for structural insurance of which the premium will be recoverable from the Tenant. Tenant responsible for all outgoings including rates and services.

DEPOSIT

A deposit of 2 months’ rent will be requested from the Tenant. This will be returned minus any appropriate deductions at the cessation of the Tenancy.

BUSINESS RATES

Rateable value: 11 - £7,300 13 - £12,250

SETUP FEE

The tenant will contribute £500 (plus VAT) towards the preparation of the lease agreement.

LOCAL AUTHORITY

Monmouthshire County Council –

VIEWING

Strictly by appointment with the Agents: David James, tel

Brochures

St. Thomas Square, Monmouth, Monmouthshire, NP25

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lydney Station10.8 miles

About David James, Magor

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

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.

Notes

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Disclaimer - Property reference MAG250104_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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