Monnow Street, Monmouth, Monmouthshire, NP25

Description

The ground floor retail space extends to approximately 700 ft2 comprising open plan area to the front with large window space directly onto the main High Street of Monmouth town centre benefitting from rear storage building and courtyard. To the rear of the unit is additional space with kitchenette and storage. The property has been kept to a high standard and provides light and spacious accommodation retaining many period features including, beams and exposed brickwork. To the rear of the property is a private courtyard providing access to flats to the upper floors and a further self-contained building forming part of the commercial demise. The building currently provides toilet facilities and storage for the retail space however is deemed suitable for alternative uses subject to the granting of the necessary planning permission.

Location

The property is well positioned within the heart of the historic town of Monmouth with frontage onto the main thoroughfare of Monnow Street. The town is well linked with excellent road networks providing easy access to the Midlands, South Wales and the West Country. It also benefits from an excellent variety of both local and nationwide retailers including Waitrose, Marks and Spencer Simply Food, White Stuff and Coffee#1, amongst others.

Accommodation

72 Monnow Street – Ground Floor excess of 700 ft2 Net Internal Area (NIA)

Services

Mains water; electric and drainage are connected to the property. Internet is available, potential tenants are advised to make their own enquires regarding the type and speed.

Terms of Tenancy

The tenancy will be written under the statute of the Landlord and Tenant Act 1954 excluding the renewal provisions contained within s24 to s28 of the same. Ideally the Tenancy term will be for at least 3 years with the opportunity of a Break Clause, if desired with the Tenant occupying on Internal Repairing terms with the Landlord responsible for structural insurance of which the premium will be recoverable from the Tenant. Tenant responsible for all outgoings including rates and services.

Deposit

A deposit of 2 months’ rent will be requested from the Tenant. This will be returned minus any appropriate deductions at the cessation of the Tenancy.

Business Rates

Rateable Value – £13,250

SETUP FEE

The tenant will contribute £500 (plus VAT) toward the preparation of each Tenancy Agreement.

LOCAL AUTHORITY

Monmouthshire County Council –

VIEWING

Strictly by appointment with the Agents: David James, Tel: