Property description

RARE OPPORTUNITY TO LEASE OVER 2070 SQ FT RETAIL AND STORAGE SPACE, WITHIN A STONES THROW OF MAJOR TOURIST ATTRACTION.

GROUND FLOOR

ENTRANCE PORCH - 6' 10'' x 5' 8'' (2.08m x 1.73m),
with hardwood entrance door and with level access into:-

RETAIL SHOP - 18' 7'' x 0' 0'' (5.66m x 0.00m) internal width wide x 66' overall depth,
narrowing at present to 9' but incorporating a Demonstration Room 14' 2 x 15' 5. Within the main shop there are a series of gantry hung LED and halogen lights. There are also an extensive number of power points. Adjacent to the retail area is:-

INNER PASSAGE,
leading to:-

CLOAKROOM,
complete with wc, wash hand basin, heater etc. whilst adjoining there is a wash room with wash hand basin and heater, both with tiled floors. Virtually opposite is the:-

Kitchen/Diner - 10' 8'' x 10' 2'' (3.25m x 3.10m),
again with a tiled floor, base cabinets, sink with hot water and space for ancillary equipment.Located in rear part of the shop is a side entrance way with security gate and access via staircase to storage.

REAR DEMONSTRATION ROOM - 19' 5'' x 16' 10'' (5.91m x 5.13m)

SIDE STORE ROOM - 32' 5'' x 5' 0'' (9.87m x 1.52m) approx.

FIRST FLOOR

STORAGE - 17' 2'' x 22' 0'' (5.23m x 6.70m),
fluorescent light fittings and a series of open storage cupboards.

SERVICES & REMARKS:
The attention of potential tenants is drawn to the fact that the ground floor demonstration room could, in our opinion, be easily removed, thereby opening up the front retail section. The past tenant did a considerable amount of work to the property including the installation of a staircase, thereby allowing the rear section of the property to incorporate a first floor storage area, in addition to the slimline store to the left of the premises. Mains electricity, water and drainage. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. The floor plan is for guidance only and should not be scaled off.

TENURE:
Leasehold. Our client Landlord is prepared to offer a new lease preferably 10+ years in length with rent reviews every five years. The tenant is responsible for the internal decoration of the premises, the repair/renewal/redecoration of the front and side doors and their glazing together with the fascia. Insurance is paid on a proportional basis.

LOCAL AUTHORITY:
Monmouthshire County Council. Telephone 01633 644644.

RATEABLE VALUE:
£7,000

RATES PAYABLE:
£3,374 until April 2016.

RATES IN THE POUND:
48.2 pence. Small business relief available.

PLANNING CONSENT:
We are verbally advised that Planning consent was granted in July 2009 (DC/2009/00514) for change of use from retail and repair centre to children's soft play centre and cafe. We further understand that the premises are in an area considered by the Planning Department as being part of the central shopping area. Therefore A1, A2 and A3 usage would normally be acceptable. The Landlord is not keen for it to adopt restaurant/takeaway usage (i.e A3). We would urge all interested parties to raise planning queries directly with Monmouthshire County Council.