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No longer on the market

This property is no longer on the market

EPC

Property

Auction
Sold STC
Property
Added > 14 days

Features and description

  • Advised Freehold - to be verified by solicitor
FOR SALE BY AUCTION - -Lot 53 - Commercial Unit for Investment
ONLINE AUCTION from 16th MAY-18th MAY

A commercial premises with potential.

The property is currently let for £27,000 per annum. However, the tenants are currently not trading and therefore the unit is empty. The tenancy agreement is in place until April 2029, there is a break clause in April 2024.

The ground floor of the building briefly comprises of an open plan retail area, kitchen and wc. The top floors of the property have not been inspected as the agent was unable to gain access.

There is a good sized garden to the rear.

Location
The property is located in Chepstow High Street which forms the town's main retailing pitch. The immediate vicinity comprises a mix of national and independent operators including Costa Coffee, Coffee #1, Superdrug, Card Factory, British Heart Foundation, Greggs, Monmouthshire Building Society, WH Smith, Boots, HSBC, Lloyds and Barclays

Additionally, there are good bus, road and rail links with the A48, M4 and M48 motorway networks bringing Bristol, Cardiff and Newport all within easy commuting distance.

Services
The property benefits from electric and water (not tested).

Business Rates
Current rateable value is £19,750. The property is classified as Shop and premises.

Tenure:
Advised Freehold - to be verified by solicitor
Visit agent website

Area statistics

Crime score
Moderate crime
6/10

About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
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