Description
INCOME PRODUCING INVESTMENT*** Retail Unit over ground, first and lower ground floor in EXCELLENT TRADING POSITION. Producing £24,500 per annum
INCOME PRODUCING INVESTMENT Let to TG Jones Retail Holdings Limited on a FR & I lease. Lease renewal 5 years from 29.09.2023 Rent: £24,500 per annum. Reversion 2028
The property has been measured to the following - Ground Floor Sales 224.4sqm (2,415sq ft) First Floor Storage/Staff 204.6sqm (2,202sq ft) Lower Ground Floor Plant Total 429 sqm (4,618sq ft)
PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £24,500 PER ANNUM
EXCELLENT LOCATION The property enjoys a prime High Street position surrounded by independent boutiques, cafés, restaurants, supermarkets, banks, and everyday services.
INCOME PRODUCING INVESTMENT*** Retail Unit over ground, first and lower ground floor in EXCELLENT TRADING POSITION. Producing £24,500 per annum INCOME PRODUCING INVESTMENT Let to TG Jones Retail Holdings Limited on a FR & I lease. Lease renewal 5 years from 29.09.2023 Rent: £24,500 per annum. Reversion 2028 The property has been measured to the following - Ground Floor Sales 224.4sqm (2,415sq ft) First Floor Storage/Staff 204.6sqm (2,202sq ft) Lower Ground Floor Plant PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £24,500 PER ANNUM EXCELLENT LOCATION The property enjoys a prime High Street position surrounded by independent boutiques, cafés, restaurants, supermarkets, banks, and everyday services.
Tenancy Details
Type of Agreement: Full Repairing & Insuring (FRI)Length: 5 Years
Rent: £24,500 per year / £2,042 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: Let to TG Jones Retail Holdings Limited on a FR & I lease. Lease renewal 5 years from 29.09.2023 Rent: £24,500 per annum. Reversion 2028
Maps & Location
Map Street View SatelliteHigh Street, Chepstow, Gwent, is situated in the heart of the historic market town of Chepstow, close to the Welsh-English border and the scenic River Wye. The High Street forms the town's main shopping and commercial area, offering a blend of independent retailers, cafés, restaurants, banks, pharmacies, and well-known high street stores, making it a convenient location for both residents and visitors. The area also benefits from nearby leisure and cultural attractions, including Chepstow Castle, one of Britain's oldest surviving stone castles, as well as parks, museums, and community facilities. Transport links are excellent, with Chepstow Railway Station located within a short walk of the High Street, providing regular rail services to Cardiff, Newport, Gloucester, and Cheltenham. The town is also well served by local and regional bus routes, while the nearby A48 and M48 motorway provide easy road access to Bristol, Newport, Cardiff, and the wider South West of England. These strong transport connections, together with a wide range of local amenities and services, make High Street a highly accessible and attractive location for residents, businesses, and visitors alike.
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Pricing Information & Bidding
Opening Bid: £225,000
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