Property description

LOCK UP SHOP IN PRIME LOCATION IN BUSY MARKET TOWN. NEARBY OCCUPIERS INCLUDE HALIFAX, HSBC & LLOYDS BANK. EXCELLENT WINDOW FRONTAGE.

LOCATION:
The property is situated in a prime location in Monnow Street, within the main retailing area of the town. Monmouth is a thriving market town with an immediate population of around 10,000, with an excellent selection of national and independent shops, supermarkets, including Marks & Spencers, restaurants and pubs together with a wide variety of other amenities.Monmouth is situated beside the A449 dual carriageway providing excellent access to the M4 to South Wales and the West Country and the Midlands to the North.

ACCOMMODATION:
In more detail the premises comprise: (all measurements are approximate and should be checked on site).Ground floor retail unit - 546 sq ft. (50.7 sq m) approx.

SERVICES:
Mains water, drainage and electricity are connected to the property. N.B None of the appliances or services have been tested in the property and interested parties should satisfy themselves as to their suitability and safety.

RENTAL:
£17,500 plus VAT per annum, payable quarterly in advance by standing order.

LEASE TERMS:
A new lease with the tenant responsible for internal repairs and shop front and fascia. External repairs and maintenance will be re-charged to the tenant via a service charge. N.B The premises are not available for the sale of hot food or a takeaway.

INSURANCE:
A proportion of the buildings insurance will be re-charged to the tenant.

RATEABLE VALUE:
£11,000 rates payable 2016/17, £4009.40 which includes a proportion of Small Business Rate Relief.(Enquiry only Monmouthshire Council and interested parties should verify such information for themselves).

LEGAL COSTS:
The in-going tenant is to be responsible for the Landlord‘s reasonable legal fees involved in the transaction including Stamp Duty and VAT.

VIEWING:
Strictly by prior appointment with the Agents.