Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- Investment Opportunity
- High Street Location
- Private Parking
- Combined Rental Income in excess of £52,500 per annum exclusive
Rooms
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.
Business Rates
Current rateable values:
Ground Floor
First Floor - £15,250
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 information from this agent
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area
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