Retail premises for sale in Beaufort Square, Chepstow, Monmouthshire NP16
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Investment Opportunity
- High Street Location
- Private Parking
- Combined Rental Income in excess of £52,500 per annum exclusive
Property description
A prime investment property set in a prominent position within the popular town of Chepstow with national retailer to the ground floor and established bar/restaurant to the first floor.
Description
A semi-detached commercial investment property set in a
prime position on the High Street of the popular town of
Chepstow and providing accommodation over two floors.
The ground floor provides retail space extending to
approximately 2400ft2 gross internal area with access direct
onto the High Street and is let to the national retailer
Superdrug.
The first floor provides bar/restaurant space extending to
approximately 2250ft2 gross internal area and has access from
Beaufort Square and from the car park to the rear. A roof
terrace is set to the rear providing additional seating area.
Situation
The property is set in a prominent position with frontage onto
the High Street of Chepstow with a range of local and national
retailers, bars, cafes and restaurants all ensuring a vibrant High
Street with excellent footfall. The town centre is just 1.8 miles
from the M48 Motorway providing access to Newport, Cardiff
and Bristol via the original Severn Crossing while the A48
connects Chepstow to Sedbury and beyond. The town is well
serviced by bus and train services with many public car parks
within walking distance of the property.
Accommodation
Ground Floor – Open plan retail space with excellent window
frontage to the High Street. Ancillary storage with rear access, offices, toilet and staff room.
First floor – High quality bar/restaurant space with well
equipped bar, commercial kitchen stores, toilets and large roof
terrace.
Services
Mains services are understood to be connected however
prospective purchasers are advised to make their own
investigations.
Outside
Private parking is provided to the rear of the property with
each floor benefitting from multiple access points.
Local Authority
Monmouthshire County Council –
Business Rates
Current rateable values:
Ground Floor
First Floor - £15,250
Viewing
Strictly by appointment with joint Agents: David James, tel and Hills Property Consultants – .
Tenure
Freehold subject to current lease agreements – further
information available from agents.
Rights Of Way & Easements
The property is sold with any rights, easements or incidents of
tenure which affect it.
VAT
The guide price stated is exclusive of VAT whether or not
chargeable.
Property info
For more information about this property, please contact
David James, NP26 on +44 1291 326961 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by David James, and do not constitute property particulars. Please contact David James for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.