- 1,925 sqft (179 sqm)
- To let
- £40,000 per Annum
The shop is located in 100% prime location on High Street and benefits from return frontage onto Bank Street within the affluent town of Chepstow. Other occupiers nearby include a mixture of local and national retailers including Boots The Chemist, WH Smith, Greggs, Thompsons Travel Agents, Superdrug, O2, Specsavers, Coffee #1, Costa Coffee, Barclays Bank, Herbert Lewis Department Store and Miles Morgan Travel.
The property’s demise comprises a ground floor sales area with rear ground floor ancillary. The shop is accessed direct from High Street, with rear access onto Bank Street. The property benefits from window display onto both the High Street and Bank Street.
Subject to vacant possession, the property is available to let via a new lease on full repairing and insuring terms, subject to 5 yearly upwards only rent reviews.
Quoting rent £40,000 pax.
The 2017 Rateable Value of the property is:-
Rateable value £28,250
Rates payable (2018/19) £14,860
Interested parties are encouraged to make their own enquiries with the Local Rating Authority.
VAT is payable to the rent.
The property provides the following approximate areas and dimensions:-
Gross Frontage 34.76m 114 ft. 0 ins
Net Frontage 14.94m 49 ft. 0 ins
Shop Depth 13.4m 42 ft. 8 ins
Initial Width 19.76m 64 ft. 8 ins
Ground Floor Sales 178.74 sq. m 1925 sq. ft.
Ground Floor Ancillary 10.41 sq. m 112 sq. ft.
Basement Ancillary Not Measured
The property benefits from A1 planning consent although other uses will be considered subject to the tenant obtaining all necessary planning permission.
C - 75
Each Party to bear their own legal costs in dealing with this transaction.
Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.