Skip to content
UNDER OFFER

Library Place, Manor Way, Chepstow, NP16 5HZ

POA

Avison Young (UK) Limited, Leisure
SIZE AVAILABLE

7,733 sq ft

718 sq m

SECTOR

High street retail property for sale

Key features

  • Prominent Town Centre Shopping Arcade
  • Conveniently Located
  • Fantastic Range of Local Amenities
  • Current Passing Rent £58,490 p.a.
  • Two Retail Units Vacant
  • Potential to Increase Rental Income
  • Property Ares of 7,733 sq. ft.
  • Asset Management and Value-Add Opportunities

Description

Description
The property comprises a shopping arcade situated either side of a covered, pedestrianised walkway which links Manor Way to Bank Street. It is of masonry construction with a rendered and painted finish situated beneath a part tiled part glazed roof.. On the exterior it includes a cleaner/storage area and pedestrianised paved / landscaped areas.
The accommodation comprises: Unit 3 - Occupied by First Stop Stationers Limited and arranged over ground floor only. The unit is fitted out for a retail unit consisting an open plan sales area with ancillary accommodation, staff kitchen and WC to the rear.
Unit 3a - Operating as a gym and arranged over first floor with ground floor access off Library Place. The accommodation is fitted-out as an open plan gym with changing facilities and WC.
Unit 4 - Occupied by a Chiropractic and arranged over ground floor only. Comprises partitioned treatment rooms along with staff kitchen and WC.
Unit 4a - Residential flat comprising an open-plan living room, kitchen, one bedroom and shower room.
Unit 5 - Trading as a hair salon over ground and first floor. The ground floor provides an open plan salon area with treatment room to the rear. The first floor is arranged as a staff room with storage and WC.
Unit 6 - Currently vacant, arranged as an open plan retail unit over ground and first floor with WC to the first floor.
Unit 7 - Currently vacant, arranged as an open plan retail unit over ground and first floor with WC to the first floor. The property comprises a shopping arcade situated either side of a covered, pedestrianised walkway which links Manor Way to Bank Street.
There is also the potential to increase rental income to circa £94,400 p.a. through lease regears and letting of vacant units.

Location
Located in an established retail location in the centre of Chepstow, next to Chepstow Library and close to the High Street. It has a busy thoroughfare, linking the town's primary car park (Welsh St) with the High Street. Nearby occupiers include Lloyds TSB, Coventry Building Society, Wilko, M&S Foodhall and Chepstow Library.

Viewings
By appointment only with the sole agents Avison Young.

Specifications
The accommodation extends to circa 718m (7,733 sq ft) Town Centre Shopping Arcade For full specification details, please speak to one of our agents.

Services and Planning
The property is covered by the Monmouthshire County Council Local Development Plan 2011-2021 which was adopted in February 2014. Under this Plan, the property falls within RET2 Central Shopping Area and HE1 Chepstow Conservation Area.
Interested parties are to rely on their own planning investigations.

Brochures

Library Place, Manor Way, Chepstow, NP16 5HZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chepstow Station0.3 miles
  • Caldicot Station5.3 miles
  • Severn Tunnel Junction Station5.9 miles

About Avison Young (UK) Limited, Leisure

65 Gresham Street, London, EC2V 7NQ

Avison Young (UK) Limited, Leisure

Avison Young creates economic, social and environmental value as a global real estate advisor, powered by people.

At Avison Young, we believe in creating positive impact wherever we go.

There is a vital role for commercial real estate to create healthy, productive workplaces for employees, cities that are centres of prosperity for its citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Our nimble, agile t

More properties from Avison Young (UK) Limited, Leisure

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 214630-1. 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 Avison Young (UK) Limited, Leisure. 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.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.