Agincourt House, Agincourt Square, Monmouth, Monmouthshire

LOCATION

The property is located in Monmouth, on Agincourt Square which leads into to the High Street, which forms part of the towns main retailing pitch. This is a busy vehicular route linking the High Street to the A449, which connects Birmingham to South Wales. 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 Costa, Coffee #1, Superdrug, Monmouthshire Building Society, TG Jones, Boots, Lloyds Bank, Waitrose, M&S Foodhall and Coffi Lab.

DESCRIPTION

 Current passing rent £34,600 per annum exclusive.
 Owner occupied second floor office suite.
 Retail unit let to Dogs Trust who have been in occupation since 2018.
 Potential to convert the upper floors to residential use subject to planning and vacant possession.

ACCOMMODATION

Please refer to the brochure for a schedule of accommodation.

TENURE

The property is available freehold. The property is subject to the following occupational leases summarised below:

Retail Unit: Let to Dogs Trust (a registered charity) for a 5 year term commencing 10 July 2025 at an annual rent of £19,500.00. The lease is held within the security of tenure provisions of the 1954 Landlord and Tenant Act (as amended). There is a tenant only break clause on 10 July 2028 subject to 6 months prior written notice.

First Floor Office: Let to The Richards Partnership LLP at an annual rent of £8000 per annum for a 5 year term commencing 22 September 2022. The Tenant did not implement their break clause in September 2025. The lease is held within the security of tenure provisions of the 1954 Landlord and Tenant Act (as amended).

Second Floor Office: Currently owner occupied. The vendor would potentially remain in the office at an annual rent of £7000 per annum by way of a short term lease or license on terms to be agreed between the two parties.

Third Floor Office: Let to Dot on Technologies Limited at an annual rent of £7100 per annum. The Tenant is currently holding over on a lease dated 7th August 2019. The lease is held within the security of tenure provisions of the 1954 Landlord and Tenant Act (as amended).

We are advised that the first and third floor tenant’s may renew their respective leases.

A copy of the leases are available to genuinely interested parties upon request to the agent.

SALE PRICE

£475,000.00 (Four hundred and seventy five thousand pounds) exclusive.

A purchase at this price reflects a net initial yield of 8.40% after deducting purchasers costs at 4.22%, assuming the second floor office were to be let to the current occupier at £7000 per annum.

BUSINESS RATES

The Valuation Office Agency currently assesses the property for business rates as follows:

Retail Unit:
Rateable Value (1st April 2026): £22,750

1st Floor Office:
Rateable Value (1st April 2026): £10,000

2nd Floor Office (Part):
Rateable Value (1st April 2026): £5,600

2nd Floor Office (Part):
Rateable Value (1st April 2026): £1,775

3rd Floor Office:
Rateable Value (1st April 2026): £5,000

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 do not believe VAT is chargeable on the sale price but this will be confirmed.

PLANNING

We have not made any enquiries with Monmouthshire County Council with regards to the current planning consent, however, we have assumed that the property has planning for A1 (Retail) and B1 (Business) 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)

Ground Floor: C (51)
First Floor: E (105)
Second Floor: E (103)
Third Floor: D (90)

A copy of the EPC certificates is available from the agents.

VIEWING & FURTHER INFORMATION

Strictly through sole agents Bladen Commercial Property Consultants:-

Kieran Bladen SUBJECT TO CONTRACT
April 2026