27 High Street, Chepstow, Monmouthshire, NP16

LOCATION
The property is located on Chepstow High Street, which forms part of the town's main retailing pitch. The High Street (B4293) is also a busy vehicular route which links to, and runs parallel with, Mount Pleasant (A48), which is Chepstow's main arterial route, linking with the M48 to the south. The immediate vicinity comprises a mix of national and independent operators including Peacocks, Greggs, Lloyds Bank and Monmouthshire Building Society.

DESCRIPTION
Newly refurbished.
Ground floor sales area fronting high street and bank street.
Additional office spaces on upper floors.

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
Sales Area 48.79 525

First Floor

Front Office 17.79 191
Rear Office 13.17 142
WC

Second Floor
Front Office 17.65 190
Rear Office 8.78 95
Kitchenette/WC

Total Net Internal Area 106.18 1143

TENURE
The Property is available by way of a new fully repairing and insuring lease on terms to be agreed.

RENT
£30,000 per annum exclusive.

BUSINESS RATES
The Valuation Office Agency Website states the premises are currently entered into the ratings list as follows:-

Description: Shop and Premises
Rateable Value: £10,570

Interested parties are advised to make their own enquiries with Monmouthshire County Council to ascertain the exact rates payable.

COSTS
Each party bear their own legal costs incurred in the transaction.

VAT
All prices are quoted exclusive of VAT whether or not chargeable. We do not believe VAT is chargeable on the rent but this will be confirmed.

PLANNING
We have not made any enquiries with Monmouthshire County Council with regards to the current planning consent, however, we have assumed that the property has planning for A1 retail use and A2 financial and professional services use under the Town & Country Planning (Use Classes) Order 1987 (Amended Sept 2020). Interested parties are advised to make their own enquiries to ensure their proposed use would be permitted.

ENERGY PERFORMANCECERTIFICATE (EPC)
The property has an EPC rating of D.

VIEWING & FURTHER INFORMATION
Through sole agents Bladen Commercial Property Consultants:-

Julian Bladen (MRICS) SUBJECT TO CONTRACT
October 2023