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Freehold

Guide price

£550,000

Retail premises for sale

Beaufort Square, Chepstow, Monmouthshire NP16

Guide price

£550,000

Retail premises for sale
Beaufort Square, Chepstow, Monmouthshire NP16

    Freehold

    About this property

    • Investment Opportunity

    • High Street Location

    • Private Parking

    • Combined Rental Income in excess of £52,500 per annum exclusive

    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.

    More information

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