Kings Head, Kings Head Hotel, Welsh Street, Chepstow, Monmouthshire, NP16 5LL

*** SUBSTANTIAL Grade II Listed PUBLIC HOUSE / Hotel Premises *** PROMINENT Town-Centre Location for RACECOURSE, Castle, Bus and Train Stations *** OUTDOOR BAR and COURTYARD Garden *** Landlord Licenced-Trade PURCHASING DISCOUNTS *** UPPER FLOOR BANQUET Room and RESIDENTIAL Rooms *** EMAIL ONLY to VIEW ***

The King’s Head, 50 Welsh Street, Chepstow, NP16 5LL
Substantial Grade II Listed Public House / Hotel Premises
Prominent Town Centre Position
Long-Term Lease Available
Rent: £37,500 per annum

Adre Properties are delighted to offer to the market The King’s Head, a substantial and highly recognisable public occupying a prominent position on Welsh Street in the heart of Chepstow town centre.

The property provides a rare opportunity for an experienced operator to take on an established licensed premises with generous trading accommodation, upper floor accommodation, external trade areas, an outdoor bar, commercial kitchen facilities and ancillary cellar / pump room provision.

A long-term lease may be available, subject to negotiation and covenant strength.

History
The King’s Head is a well-known Chepstow public house and hotel, forming part of the historic Welsh Street streetscape close to the Town Gate. The property is Grade II Listed and is understood to have been rebuilt in the early 20th century following fire damage, retaining a strong and characterful commercial frontage within one of Chepstow’s most recognisable town-centre settings.

The building has traded historically as a public house / hotel and offers an incoming Tenant the opportunity to continue and develop a recognised hospitality venue within an established town-centre location.

Situation
The property occupies a prominent position on Welsh Street, close to Chepstow Racecourse, the Castle and Chepstow’s main retail, hospitality and commercial core. Welsh Street provides a mix of independent shops, professional occupiers, food and beverage operators, residential properties and visitor-led footfall.

Chepstow is a popular Monmouthshire market town situated close to the River Wye, Chepstow Castle and the Wales / England border. The town benefits from strong road connectivity via the M48 and Severn Bridge, with access towards Newport, Cardiff, Bristol, South Gloucestershire and the wider Wye Valley.

The location is well suited to a public house, bar, restaurant, boutique accommodation, events, private functions or mixed hospitality use, subject to all necessary licences and consents.

Description
The King’s Head comprises a substantial public house / hotel premises arranged over ground, first and second floors, with rear external trade space and ancillary accommodation.

The ground floor provides the principal trading areas, including a main bar, customer circulation, WC facilities, commercial kitchen, access to the rear beer garden and ancillary storage / pump room provision.

The upper floors provide accommodation and ancillary space, with the benefit of internal access from the bar area and independent external access via a metal staircase from the private gated yard. This provides flexibility for staff accommodation, manager’s accommodation, guest letting accommodation, office / administration space, private function use or ancillary hospitality use, subject to compliance, licensing and any necessary consents.

Externally, the property benefits from a private gated yard accessed from a side road, rear external trading areas, an L-shaped beer garden and an outdoor bar.

The Premises
Please note the following layout is provided for marketing guidance only and should not be treated as a measured floorplan. Interested parties should satisfy themselves as to the precise layout, floor areas, licensing position and suitability for their intended use.

Ground Floor
Entrance door from Welsh Street into entrance porch.

From the porch, access opens into the main public bar and trading area.

The main bar provides a traditional public house layout with open trading space and customer circulation. From the bar area, there is access through to a corridor serving male and female customer WC facilities.

To the rear, there is access out to the L-shaped beer garden / courtyard area.

Behind / adjacent to the bar area, stairs rise to the first-floor accommodation.

The ground floor further provides a commercial kitchen, ancillary preparation / storage areas and a ground-floor cellar / pump room with associated storage.

First Floor
The first floor is accessed internally from the ground floor bar area and also benefits from independent external access via the metal staircase from the private gated yard.

The first floor provides flexible accommodation / ancillary space suitable for a range of operational uses, potentially including manager’s accommodation, staff accommodation, guest accommodation, office / administration space, private dining, function or ancillary hospitality use, subject to the necessary consents, licensing requirements and statutory compliance.

Second Floor
The second floor provides further upper floor accommodation / ancillary space, again capable of supporting the wider operation of the building.

The second floor may suit continued accommodation use, staff / manager facilities, storage, office or ancillary operational use, subject to the Tenant’s requirements and all necessary consents.

External Areas
Externally, the property benefits from an L-shaped beer garden / courtyard area, outdoor bar and a private yard accessed via wooden gates from a side road.

The external metal staircase from the private yard provides independent access to the first and second floor accommodation, allowing the upper floors to be accessed separately from the main public bar if required.

Trading Opportunity
The King’s Head provides an exciting opportunity for an experienced hospitality operator to take on a substantial town-centre public house / hotel premises with strong heritage, external trade areas and flexible upper floor accommodation.
The property may lend itself to a variety of hospitality-led uses, including traditional public house use, bar / restaurant use, boutique guest accommodation, events, functions, live entertainment, private hire, food-led trading or a mixed public house and accommodation model, subject to planning, licensing and any necessary statutory approvals.

Landlord Portfolio Advantage
The Landlord operates an established portfolio of public houses and, subject to separate agreement, may be able to offer an incoming Tenant access to portfolio-level purchasing arrangements and trade supply relationships across core licensed-trade ranges and other operational supplies.

Any such arrangements would be subject to supplier terms, availability, Tenant approval and separate negotiation. Interested parties should make their own enquiries and no warranty is given as to specific pricing, discounts or supply terms.

Lease Terms
The property is available by way of a new lease on terms to be agreed.
A long-term lease may be considered, subject to negotiation, covenant strength, references and landlord approval.

Rent
£37,500 per annum .
All rents are quoted exclusive of business rates, utilities, insurance, VAT, service charge, licence fees, repairs and any other occupational costs, unless otherwise stated.

Planning, Listing and Licensing
The property is Grade II Listed. Interested parties must satisfy themselves as to the planning, listed-building, licensing and statutory compliance position for their intended use.

Any alterations, signage, extraction, internal works, external works or change of use may require planning permission, listed building consent, landlord consent, licensing approval and/or other statutory approvals.

Business Rates
Interested parties should make their own enquiries with Monmouthshire County Council and the Valuation Office Agency in respect of the current rateable value and rates payable.

Services
Interested parties should satisfy themselves as to the availability, condition, capacity and suitability of all mains services, utilities, plant, kitchen equipment, cellar / pump equipment, extraction, heating, fire safety systems and any other operational installations.

Viewing
Viewings are strictly by prior appointment through Adre Properties.

Important Notice
These particulars are issued in good faith for marketing purposes only. They do not form part of any offer or contract. All descriptions, measurements, floor areas, layouts, uses and statements are provided for guidance only and should not be relied upon as statements of fact.

Interested parties must undertake their own due diligence, including planning, licensing, listed building, fire safety, building control, business rates, utilities, title, lease terms and operational compliance.
No employee or representative of Adre Properties has authority to make or give any representation or warranty in relation to the property.

INFORMATION DISCLAIMER
Please Note: Material Information provided by Adre Properties Ltd, is obtained from third-party sources and is meant solely for guidance. While every effort has been made to offer accurate descriptions and information, we cannot ensure their completeness or correctness. Adre Properties Ltd assumes no liability for any inconsistencies or errors found within this information.
Adre Properties Ltd, strongly advise prospective Commercial Purchasers | Tenants to conduct their own thorough checks and to seek verifications regarding the Material Information from both their Solicitor / Conveyancer and a Surveyor in order to satisfy themselves as to the condition and specifications of the property before proceeding with any transaction.
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REFERRAL ARRANGEMENTS
Adre Properties Ltd may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services, and you should always consider your options before services are accepted. Where services are accepted Adre Properties Ltd, or our Service Providers may receive payment for the recommendation, and you will be informed of any referral arrangement and payment prior to any services being taken by you.

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