About the property
Key features
- Located within the pedestrianised shopping centre.
- Rear loading area.
- Ready for tenant fit out.
Material information
Property description
Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :
Available Date Refers to the date on which a property or rental unit becomes available for occupancy. Read our glossary page
12/09/2023
Size The size of a property or land refers to its physical extent or area. Read our glossary page
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Use Class A commercial use class refers to a classification system that categorises buildings based on their intended commercial purposes, such as offices, retail spaces, or industrial facilities. Read our glossary page
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Located within the pedestrianised shopping centre.
Rear loading area.
Ready for tenant fit out.
LOCATION
Caldicot is a historic market town in South Wales strategically located just outside Chepstow providing easy access to the M4/M48. The unit occupies a prominent location on a busy pedestrian precinct with nearby retailers including Aldi, Dominoes, Betfred, One Stop, Card Factory, and Greggs.
DESCRIPTION
Located within the pedestrianised shopping centre.
Rear loading area.
Ready for tenant fit out.
ACCOMMODATION
Measured in accordance with the RICS Code of Measuring Practice (Sixth Edition), comprising the following approximate areas:-
Description sq m sq ft
Net Internal Area 231 2,497
TENURE
The property is available by way of a new lease on full repairing and insuring terms by way of a service charge.
RENT
£25,000.00 per annum exclusive.
BUSINESS RATES
The Valuation Office Agency website states the premises are currently entered into the rating list as follows:-
Description: Shop & Premises
Rateable Value: £21,250
Interested parties are advised to make their own enquiries with Monmouthshire County Council to ascertain the exact rates payable.
COSTS
Each party to bear their own legal costs incurred in the transaction.
VAT
All prices are quoted exclusive of VAT whether or not chargeable. We believe VAT is chargeable on the rent but this will be confirmed.
PLANNING
The premises has planning consent for A1 (Retail) use under the Town & Country Planning (Use Classes) Order 1987. It may be possible that A2 (Financial & Professional Services) and A3 (Sale of Hot Food and Drink) consent will be permitted.
ENERGY PERFORMANCE CERTIFICATE (EPC)
The property has an EPC Rating of D. A copy of the EPC is available
from the agents.
VIEWING & FURTHER INFORMATION
Through sole agents Bladen Commercial Property Consultants:-
Julian Bladen BSc (Hons) MRICS
01291 440100
SUBJECT TO CONTRACT
January 2023
Contact
Based in Bristol and Chepstow, Monmouthshire we are an independent practice specialising in commercial property and development land sales.