St. Mary Street, Monmouth, NP25

An interesting mixed-use investment opportunity in the heart of Monmouth, comprising a substantial ground-floor commercial premises together with a spacious two-bedroom apartment above.

Occupying a prominent and elevated position on St Mary Street, this Grade II listed end-of-terrace property offers over 160m² of commercial accommodation, alongside well-proportioned residential accommodation with its own street entrance and a private rear roof terrace.

The ground-floor commercial space has previously been arranged as a bakery and includes a large shopfront and retail area, separate customer access and vehicular/loading access from St Mary Street. Beyond the main retail area is a substantial amount of additional accommodation, including two commercial kitchen areas, storage and office space, together with two WCs.

The residential accommodation benefits from its own pedestrian entrance from St Mary Street, with stairs leading to the first-floor apartment. The commercial premises has a separate customer entrance, together with secondary internal access to the shared entrance hallway.

Internally, the apartment retains plenty of character, with high ceilings, timber panelled doors and a mixture of timber, quarry-tiled and carpet flooring.

The accommodation includes a good-sized sitting room with a large bay window overlooking St Mary Street, together with a separate dining room and fitted kitchen. French doors from the dining room provide access to a private rear roof terrace, offering useful outside space within the town centre.

There are two double bedrooms, with the principal bedroom positioned to the front of the property overlooking St Mary Street. The accommodation is completed by a shower room and separate WC.

The combination of substantial commercial space and separate residential accommodation makes this a versatile proposition, particularly for investors or those looking for premises from which to operate a business while retaining additional residential or rental accommodation above.

Accommodation at a Glance

Commercial Premises

• Over 160m² of commercial accommodation

• Large shopfront

• Customer entrance

• Separate loading/vehicular access

• Two commercial kitchen areas

• Additional storage/office accommodation

• Two WCs

First-Floor Apartment

• Separate entrance from St Mary Street

• Two double bedrooms

• Two reception rooms

• Fitted kitchen

• Shower Room

• Separate WC

• Private rear roof terrace

Location

Monmouth is a popular and thriving historic market town, serving a wide surrounding area and offering a good mix of independent retailers, national businesses, cafés, restaurants and professional services. St Mary Street sits within the established commercial centre, close to the town’s principal shopping areas and benefiting from regular pedestrian activity. The property occupies an elevated position within the town, above the lower-lying areas of central Monmouth which have been affected by recent flooding.

The town is also well connected, with the A40 providing convenient road links towards Hereford, Ross-on-Wye, the M50, Newport and the wider motorway network.

The combination of a central commercial position and residential accommodation above makes the property particularly well placed for a variety of investment or owner-occupier opportunities.

Land Transaction Tax
As the property is situated in Wales, Land Transaction Tax (LTT) applies rather than Stamp Duty Land Tax (SDLT). Mixed-use properties are generally subject to the non-residential rates of LTT.

Buyers should ensure they are aware of their potential LTT liability prior to making an offer and should seek independent advice from their solicitor or tax adviser regarding their individual circumstances.

Important Notice
These particulars are believed to be correct but do not form part of any offer or contract. All statements are provided without responsibility and should not be relied upon as statements of fact. Any intending purchaser must satisfy themselves as to the accuracy of the information through inspection or other means.

The agent has not tested any services, systems, appliances, fixtures or fittings and cannot confirm they are in working order or suitable for their intended purpose. Legal matters, including tenure, have not been verified and purchasers are advised to seek confirmation from their solicitor or surveyor.

Anti-Money Laundering Regulations
In accordance with current Anti-Money Laundering Regulations, we are legally required to carry out identity and verification checks on all buyers and sellers. While we remain responsible for ensuring these checks and any ongoing monitoring are completed correctly, the initial checks are carried out on our behalf by Lifetime Legal.

Lifetime Legal will contact you once you have instructed us to act on your sale, or once an offer has been accepted on a property you wish to purchase. The cost of these checks is £62 (including VAT), which covers the collection of relevant data, as well as any manual checks and monitoring that may be required.

This fee is payable in advance, directly to Lifetime Legal, prior to the marketing of a property (for sellers) or the issue of a memorandum of sale (for buyers), and is non-refundable. We receive a portion of this fee from Lifetime Legal to compensate for our role in facilitating these checks.