Property for sale
Property description & features
- Tenure: Leasehold
- SHOP & FREEHOLD OF 3 STOREY BUILDING
- 125 YEAR LEASE
This is an excellent opportunity to acquire a Ground Floor shop on the busy Monnow Street and the Freehold title of this mid-terraced, 3 storey building. The shop has a WC/store and a back entrance and is being offered with vacate possession. The apartment above is set on 2 floors and has been upgraded with access to the main street and is currently let on a 125 year lease.
The building is Grade II listed and has a textured rendered exterior with inset wooden windows and doors. All mains services are connected.
The shop and flat pay £1200 per annum for water rates, a parking space each and the sinking fund to cover any repairs and maintenance required to the roof and exterior.
There is an informal private parking arrangement for a space for both the flat and shop across the road at the end of Nailors Lane on a 12 monthly basis.
From Monnow Street there is an inset/recess with a door into the communal passageway and a part glazed door leads into;
GROUND FLOOR SHOP:: 3.40m x 8.00m (11'2" x 26'3"), Tall three sided, bay shop window to front. Electric panel heater and fan heater over door. Power points, low voltage spotlights to ceiling and Fire Alarm system.
A Fire escape door at the back leads out to a communal inner courtyard serving the apartment and a terraced house and a part glazed door leads into a single storey;
OUTBUILDING:
STORE ROOM: 1.46m x 2.4m With door into separate;
CLOAKROOM: With WC and wall mounted corner basin with tiled splashback.
THE APARTMENT:: Let on a 125 years lease.
Accessed via the communal passageway leading to a central courtyard. The entrance hall has a staircase to the First Floor Landing, off which is a Cloak Room, a fitted Kitchen and the Sitting Room. The stairs lead up to the second floor landing off which are two Bedrooms and a Shower Room. There is a gas fired central heating with radiators throughout as well as power points. Hard wired fire alarm system. Mains water, electricity gas & drainage. Council tax band D.
SERVICES:: Mains water, electric and drainage.
DIRECTIONS:: From our office walk down Monnow Street and the shop is next to Lloyds Bank on your left.
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