High Street, Chepstow, Monmouthshire, NP16

£3,750

Size

7,142

Lease length

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EPC

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Parking

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Price per
Primary use
High street retail
Frontage
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Key features

  • Prominent retail unit comprising 663.53 sq m (7142 sq ft).
  • Ground floor only.
  • Suitable for retail (A1) use.
  • Potential for (A3) use subject to planning consent.

Description

LOCATION

The property is located in Chepstow, on the High Street which forms part of the towns main retailing pitch. This is a busy vehicular route linking the A48 with Chepstow High Street (B4293). 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, Coffee #1, Superdrug, Greggs, Monmouthshire Building Society, WHSmith, Boots and Lloyds Bank.

DESCRIPTION

Prominent retail unit comprising 663.53 sq m (7142 sq ft).
Ground floor only.
Suitable for retail (A1) use.
Potential for (A3) use subject to planning consent.

ACCOMMODATION

The property has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) the property comprises the following (approx.) areas:-

Description sq m sq ft
Ground Floor 663.53 7142.11
Sales Area 605.86 6521.42
Lower Ground Floor
Plant Room - -
Loading Bay - -

Total Net Internal Area

TENURE

The property is available by way of a new full repairing and insuring lease on terms to be agreed.

RENT

£40,000 per annum exclusive.

BUSINESS RATES

The Valuation Office Agency website states the premises are currently entered into the rating list as follows:-

Description: Showroom and Premises
Rateable Value: £51,500

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 believe VAT is chargeable on the rent, but this will be confirmed.

PLANNING

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

The property has an EPC rating of 68 C.

VIEWING & FURTHER INFORMATION

Through sole agents Bladen Commercial Property Consultants:-

Julian Bladen BSc (Hons) MRICS SUBJECT TO CONTRACT
June 2024


Additional information
Let type
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Let contract length
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Status
Available
Date available
11 July 2024
Service charge
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Business rates
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Use class
E
Floors in building
1
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

High Street, Chepstow, Monmouthshire, NP16

NEAREST STATIONS

National Rail

Chepstow Station

0.2 miles

National Rail

Caldicot Station

5.38 miles

National Rail

Severn Tunnel Junction Station

5.91 miles

About ETP Property Consultants LLPs, Chepstow

ETP Property Consultants LLPs, Chepstow

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Disclaimer - Property reference 18HighStChep. 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 ETP Property Consultants LLPs, Chepstow. 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.