Retail property (high street)

Rooms

DESCRIPTION
Ground floor retail space available within a prominent, mid terrace Grade II Listed property well situated within the popular town of Chepstow. 4 St Mary Street high quality accommodation in a convenient location adjacent to St Marys Arcade and with public parking close by. The accommodation provides in excess of 450ft2 of A1 retail space with large window frontage onto the popular St Mary Street. In use as a bridal shop for many years, the accommodation provides primary retail space with storage and WC to the rear. Additional space of approximately 340ft2 set to the rear, and benefitting from access to a rear courtyard, is available by separate negotiation.

LOCATION
The property is well positioned on the popular, pedestrianised St Mary Street and is surrounded by a range of retail units, cafes and a pub and is just a few metres from the High Street of the town. The town centre of Chepstow is just 1.8 miles from the M48 Motorway providing access to Newport, Cardiff, and Bristol via the original Severn Crossing. The town is well serviced by bus and train services with many public car parks within walking distance of the property.

SERVICES
The property benefits from mains electricity, water and drainage.

TERMS OF TENANCY
The tenancy will be written under the statute of the Landlord and Tenant Act 1954 excluding the renewal provisions contained within s24 to s28 of the same. Ideally the Tenancy term will be for at least 3 years with the opportunity of a Break Clause, if desired with the Tenant occupying on Internal Repairing terms with the Landlord responsible for structural insurance of which the premium will be recoverable from the Tenant. Tenant responsible for all outgoings including rates and services.

DEPOSIT
A deposit of 2 months’ rent will be requested from the Tenant. This will be returned minus any appropriate deductions at the cessation of the Tenancy.

SETUP FEE
The tenant will contribute £350 (plus VAT) toward the preparation of each Tenancy Agreement

BUSINESS RATES
Subject to assessment