Monnow Street, Monmouth, Monmouthshire, NP25

DESCRIPTION

57 Monnow Street presents a rare opportunity to acquire a prominent Grade II listed mixed-use property in the heart of Monmouth. Occupying a prime position on the town’s main thoroughfare, the property is of traditional construction, part rendered beneath a slate roof, and offers a wealth of period character and architectural interest throughout. The accommodation is arranged across three floors, providing a combination of commercial and residential space. The ground floor has most recently been used as an antiques shop, benefiting from direct access and frontage to Monnow Street, while the first floor comprises the residential element, with the second floor being ancillary use. With the recent planning allowing independent access via Monnow Keep to the rear

DESCRIPTION CONTINUED

The dwelling has undergone partial restoration using traditional materials in keeping with the building’s historic fabric, with notable features including exposed timber beams and fireplaces. Externally, a range of outbuildings lie to the rear, together with a private garden area, all set within a plot extending to approximately 0.19 acres. This versatile property offers excellent potential for continued mixed-use occupation, full residential conversion (subject to necessary consents), or investment purposes, situated within walking distance of Monmouth town centre amenities.

SITUATION

57 Monnow Street is located in the historic market town of Monmouth, within the county of Monmouthshire. The property enjoys a highly accessible position, benefitting from excellent road links to major urban centres. The A40 dual carriageway provides swift connections to Hereford (approximately 20 miles to the northeast) and Newport (around 30 miles to the south), with onward links to the M50 and M4 Motorway Networks. Cardiff, the capital city of Wales, lies approximately 35 miles away, offering further amenities and direct rail connections to London from Newport Station. The town is also well-regarded for its educational provision, with nearby schools including Monmouth Comprehensive School and the renowned Haberdashers’ Monmouth Schools

SERVICES

The properties benefit from mains water, electric and drainage

ACCOMMODATION

The property is arranged across three floors, extending to approximately 4,193 ft2 (389.5 m2) of internal accommodation, together with 360 ft2 (33.4m2) of outbuildings. The ground floor benefits from planning permission for retail use, previously trading as an antiques shop. It provides a series of well-proportioned rooms with the possibility of one or two ground floor commercial units The first floor offers versatile accommodation comprising two living rooms, a sitting room, and two bedrooms, together with a bathroom. The second floor provides additional residential space, including three bedrooms, two living rooms, and a dining room, offering potential for a selfcontained flat, letting unit, or ancillary accommodation.

TENURE

Freehold with vacant possession on completion

OUTSIDE

The area includes a range of traditional outbuildings, comprising a store and a shed extending to approximately 360 ft2 (33.4 m2) in total. These buildings offer useful storage or workshop space and may hold potential for alternative uses, subject to the necessary planning consents. The rear also provides two parking spaces. The plot extends in total to approximately 0.19 acres (0.08 hectares)

RIGHTS OF WAY & EASEMENTS

The property is sold with any rights, easements or incidents of tenure which affect it. The Property benefits from a right of access via Monnow Street to the rear Garden The property will be sold subject to an overage provision reserving 20% of any uplift in value arising from the grant of planning permission for residential or commercial development of the rear garden area, for newbuild and existing buildings. The overage will be in place for a period of 20 years from the date of completion.

PLANNING

The Property benefits from planning permission for - Internal alterations at ground and first floor level, removal of roof light to rear, formation of access deck and roof terrace at first floor level with associated stairs and guarding and adaption of existing window openings to form doorways. See concurrent Listed Building Consent DC/2014/00929. Interested parties are advised to make their own investigations with the local authority, in relation to planning or any works already undertaken.

LOCAL AUTHORITY

Monmouthshire County Council –

VIEWING

Strictly by appointment with the Agents: David James – Tel

VAT

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