High Street, Chepstow, Monmouthshire, NP16
£16.39 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,007 sq ft
94 sq m
- SECTOR
High street retail property to lease
- USE CLASSUse class orders: A1 Shops
A1
Lease details
- Lease available date:
- Ask agent
- Lease type:
- Long term
Key features
- Ground floor retail unit with A1(retail) planning permission.
- Potential for financial/professional services use (A2)
- Prominent High Street location.
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, Pontio Lounge, Coffee #1, Superdrug, Greggs, Monmouthshire Building Society, WHSmith, Boots and Lloyds Bank.
DESCRIPTION
Prominent retail unit with sales area, rear staff room and external stores.
Suitable for A1 Retail Use or other uses subject to planning.
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
Total Net Internal Area 93.54 1,007
TENURE
The property is available by way of a new full repairing and insuring lease on terms to be agreed.
RENT
£16,500.00 per annum exclusive.
BUSINESS RATES
The Valuation Office Agency website states the premises are currently entered into the rating list as follows:-
Description: Shop and Premises
Rateable Value: £19,750
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 do not 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 38 B.
VIEWING & FURTHER INFORMATION
Through sole agents Bladen Commercial Property Consultants:-
Julian Bladen BSc (Hons) MRICS
SUBJECT TO CONTRACT
August 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 Station5.3 miles
- Severn Tunnel Junction Station5.9 miles
Notes
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