Retail property (high street) for sale
Property description & features
- Tenure: Freehold
- FOR SALE
- Grade II Listed commercial property
- Large outbuilding with potential for alternative uses (STP)
- Plot of approximately 0.12 acres
- Development potential STP
- Vehicular access
- Private parking
- Town centre location
- Excellent transport links
Rooms
DESCRIPTION
A unique opportunity to purchase a prominent Grade II Listed property within the heart of the historic town of Chepstow and benefitting from frontage onto St Mary Street. The property was constructed in 1905 for the Chepstow Cooperative Society and provides an impressive gable façade with 3 storey frontage and large outbuilding attached to the rear providing prospective purchasers with a fantastic opportunity with a range of potential uses available.
Family owned and operated for nearly 25 years, the property provides extensive retail space to the ground floor with kitchenette and toilets, a former tea room to the first floor including commercial kitchen along with ancillary storage to the second floor and two storey outbuilding.
The plot extends in total to approximately 0.12 acres including private parking to the rear and offers an attractive opportunity for a range of potential uses including residential development subject to planning.
SITUATION
The property is situated in the town centre. Chepstow itself is an old market town at the approach to south-east Wales from the original Severn Bridge, with a history dating back to the Norman times witnessed by the surrounding stone Portwall and prominent Castle, situated nearby. The riverside with its band stand and tapas bar and public house provides a pleasant area for a stroll.
There is excellent access to the Severn Bridge, providing access eastbound to Bristol city centre, Bristol Parkway railway station, the M5 interchange and London, and westbound to Newport, Cardiff and South Wales. Gloucester and the Forest of Dean are accessible via the A48 while Chepstow railway station provides regular rail links and the bus station provides local services and links to Cardiff, Swansea and London Victoria. The renowned Wye Valley is a short distance away.
ACCOMMODATION
The property is briefly comprised as follows:
Ground floor retail space – approximately 1340ft2
First floor former tea room – approximately 925ft2
Second floor – approximately 850ft2
Outbuilding – approximately 850ft2 split over two floors
TENURE
Freehold with vacant possession on completion.
OUTSIDE
Vehicular access to the rear of the property is direct from Nelson Street with the site providing private parking. Nelson Street public car park is set directly opposite.
RIGHTS OF WAY & EASEMENTS
The property is sold with any rights, easements or incidents of tenure which affect it.
PLANNING
Interested parties are advised to make their own investigations with the local authority.
SERVICES
The properties benefit from mains water, electric and drainage.
BUSINESS RATES & COUNCIL TAX
Current rateable value - £11,750
AGENTS NOTE
We understand there are rights of way reserved for neighbouring properties over the land to the rear for access purposes. Interested parties are advised to make their own investigations in this regard.
[no name]
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference MAG230016. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by David James - Magor.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.