Moor Street, Chepstow

£1,000 per month

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GROUND FLOOR SHOP TO LET WITH OPTION TO PURCHASE FREEHOLD OF ENTIRE PROPERTY, INCLUDING UPPER FLOOR FLATS WHICH PRODUCE CIRCA £11,000 GROSS RENT PER ANNUM

8, Moor Street,
Chepstow, Mon
NP16 5DE

A WELL SITED SPACIOUS SHOP PREMISES
circa 1000sq ft with consent for A3 user but suitable for a range of uses including offices, consulting rooms, clinic, gymnasium (subject to planning consent)

Moor Street is attracting a range of successful proprietor run businesses offering a more level pedestrian route in the Town between the bus station, Marks and Spencers Food Store, and the main Town Car Park

The shop has a tiled floor throughout, part with decorative board floor, is light and airy, with male/female toilets, 3 phase electricity, gas fired central heating, and CCTV camera system. There is a small fitted kichenette area at the rear.

IMMEDIATE POSSESSION AVAILABLE

Business Rates : Monmouthshire County Council

TERMS:- FOR THE SHOP ONLY - £1000 PER CALENDAR MONTH FOR A 9 YEAR LEASE WITH 3 YEAR REVIEWS EXCLUSIVE OF RATES AND UTILITIES, ON AN INTERNAL REPAIRING BASIS, PLUS SERVICE CHARGE OF 10% OF RENT TOWARDS EXTERNAL REPAIRS AND MAINTENANCE. NB. A RENT DEPOSIT OF £3000 WILL BE DEPOSITED WITH THE LANDLORDS SOLICITORS ON COMMENCEMENT OF THE LEASE, IN ADDITION TO THE MONTHLY RENT WHICH IS TO BE PAID IN ADVANCE BY STANDING ORDER ONLY.

OPTION TO PURCHASE:- THE LESSEE WILL BE GRANTED AN OPTION TO PURCHASE THE FREEHOLD OF THE ENTIRE BUILDING, ON OR BEFORE THE 30TH JUNE 2019 IN THE SUM OF £225,000, AND MOON AND CO. CAN PROVIDE THE LETTING DETAILS OF THE UPPER FLOORS TO BONA FIDE INTERESTED PARTIES, OCCUPIED ON SHORTHOLD TENANCIES.

Viewing Strictly by Appointment Only via Moon & Co

Reference: REN4037


Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

PLEASE NOTE
None of the fixtures, fittings or equipment has been tested by us. Room sizes should not be relied upon for carpets and furnishings.

OFFERS
As part of the Estate Agency Act 1979, we have a legal obligation to financially qualify every offer before it is conveyed to the Vendor.

COUNCIL TAX
For Property Tax Information please contact either Monmouthshire County Council 01633 644644 or Forest of Dean District Council on 01594 810 000.

VIEWING - Strictly by appointment with the Agents.
Moon & Co, their clients, and any joint agents give notice that:
1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.

2. Any areas are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed the property has all necessary planning, building regulation or other consents and Moon & Co have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

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