24 & 26 Agincourt Square, Monmouth, Monmouthshire NP25 3DY

Guide price

£550,000

Auction

Size

10,711

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Frontage

No floor / site plan

Key features

  • FOR SALE BY AUCTION ON THURSDAY 16TH JULY 2026 (UNLESS SOLD PRIOR).
  • Supermarket let to Iceland Foods Limited
  • Town centre location
  • Total Area Approx. 10,711 sq ft
  • Producing £60,000 per annum
  • Gross Yield 10.9%

Description

SITUATION
Located at the junction with Castle Hill within the heart of the town centre amongst such multiples as Oxfam, Cancer Research, St Michael’s Hospice and Dogs Trust as well as a variety of local traders.
In addition, the Castle & Regimental Museum is to the rear of the property.
Monmouth is a historic market town in south-east Wales located approx. 20 miles west of Gloucester and approx. 20 miles north-east of Newport and enjoying easy access via the A40 and M50.

PROPERTY
A detached building comprising a Large Ground Floor Supermarket with Ancillary Accommodation on the first floor.
In addition, the property benefits from a rear service road for loading.

ACCOMMODATION¹
Ground Floor Supermarket
Gross Frontage 105’0’’
Built Depth 95’0’’
Area Approx. 7,461 sq ft

First Floor Ancillary
Area Approx. 3,250 sq ft
WCs

Total Area Approx. 10,711 sq ft

¹Not inspected by Barnett Ross. Areas agreed at the last lease renewal.

VAT is NOT applicable to this Lot

FREEHOLD

TENANCY
The entire property is let on a full repairing and insuring lease to Iceland Foods Limited (having approx. 970 branches) (T/O for Y/E 28/03/2025 £4.1bn, Pre-Tax Loss £900,000 and Shareholders’ Funds £707.3m) for a term of 5 years from 10th October 2025 (renewal of a previous lease – in occupation since at least 2010) at a current rent of £60,000 per annum exclusive (see Note).

Note 1: Prior to the lease renewal in 2025, the rent was £87,500 p.a.

Note 2: 6 week completion
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Floors in building
2
Energy performance certificate: Ask agent

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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

24 & 26 Agincourt Square, Monmouth, Monmouthshire NP25 3DY

NEAREST STATIONS

National Rail

Lydney Station

10.39 miles

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Disclaimer - Property reference Monmouth. 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 Barnett Ross, Barnett Ross. 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.