NP16

LOCATION

The property is located in St Arvans, adjacent to the A466 linking Chepstow to Tintern. St Arvans is a village located adjacent to the north of Chepstow Racecourse. There is easy access to the M48 and M4 motorway network to the south and The Severn Bridge. The immediate vicinity comprises The Piercefield Public House, Ride and Stride and St Arvans Day Nursery.

DESCRIPTION

Detached retail unit with sales area and first floor storage.
Suitable for retail use with planning consent for A1 retail.
Potential for residential use subject to planning permission.

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 29.88 322
First Floor 21.72 234

Total Net Internal Area 51.60 556

TENURE

The property is available freehold.

ASKING PRICE

£160,000.00 subject to contract

BUSINESS RATES

The Valuation Office Agency website states the premises are currently entered into the rating list as follows:-

Description: Shop & Premises
Rateable Value: £2,500

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

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 EPC for this property has been commissioned.

VIEWING & FURTHER INFORMATION

Through sole agents Bladen Commercial Property Consultants:-

Julian Bladen BSc (Hons) MRICS



SUBJECT TO CONTRACT September 2024