High Street, Chepstow, Monmouthshire, NP16
£67.77 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
664 sq ft
62 sq m
- SECTOR
High street retail property to lease
- USE CLASSUse class orders: A1 Shops
A1
Lease details
- Lease available date:
- Now
- Lease type:
- Long term
- Furnish type:
- Unfurnished
Key features
- Prominent retail unit comprising 663.53 sq m (7142 sq ft).
- Ground floor only.
- Suitable for retail (A1) use.
- Potential for (A3) use subject to planning consent.
Description
The property is located in Chepstow, on the High Street which forms part of the towns main retailing pitch. This is a busy vehicular route linking the A48 with Chepstow High Street (B4293). There is easy access to the M48 and M4 motorway network to the south and the Severn Bridge. The immediate vicinity comprises a mix of national and independent operators including Costa Coffee, Coffee #1, Superdrug, Greggs, Monmouthshire Building Society, WHSmith, Boots and Lloyds Bank.
DESCRIPTION
Prominent retail unit comprising 663.53 sq m (7142 sq ft).
Ground floor only.
Suitable for retail (A1) use.
Potential for (A3) use subject to planning consent.
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 663.53 7142.11
Sales Area 605.86 6521.42
Lower Ground Floor
Plant Room - -
Loading Bay - -
Total Net Internal Area
TENURE
The property is available by way of a new full repairing and insuring lease on terms to be agreed.
RENT
£40,000 per annum exclusive.
BUSINESS RATES
The Valuation Office Agency website states the premises are currently entered into the rating list as follows:-
Description: Showroom and Premises
Rateable Value: £51,500
COSTS
Each party to bear their own legal costs incurred in the transaction.
VAT
All prices are quoted exclusive of VAT whether or not chargeable. We believe VAT is chargeable on the rent, but this will be confirmed.
PLANNING
We have not made enquiries with Monmouthshire County Council with regards to the current planning consent, however, we have assumed that the property has planning for A1 (Retail) under the Town & Country Planning (Use Classes) Order 1987. Interested parties are advised to make their own enquiries to ensure their proposed use would be permitted.
ENERGY PERFORMANCE CERTIFICATE (EPC)
The property has an EPC rating of 68 C.
VIEWING & FURTHER INFORMATION
Through sole agents Bladen Commercial Property Consultants:-
Julian Bladen BSc (Hons) MRICS SUBJECT TO CONTRACT
June 2024
Brochures
High Street, Chepstow, Monmouthshire, NP16
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chepstow Station0.2 miles
- Caldicot Station5.4 miles
- Severn Tunnel Junction Station5.9 miles
About Bladen Property Consultants, Chepstow
10 Beaufort Square Chepstow NP16 5EP
Notes
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