Britton Property.
Investment For Sale
16 High Street, Chepstow, Gwent, NP16 5LQ
Attractive Town Centre investment
Let to TG Jones Retail Holdings Ltd t/a TG Jones
Expiry: 20th September 2031 – new 5 year extension agreed
Rent: £24,500pa
Price: O/O £265,000
Viewing strictly by appointment with BRITTON PROPERTY
Andrew Britton
T. 07990 505 421
E. andrew@brittonproperty.co.uk
Chepstow is an attractive and historic market town located at the western edge of the original Severn Bridge. The A48 lies to the south of the town centre leading to the M48 (via the A466) and the M4 motorway in turn.
The property is situated on the south side of High Street, the main retail thoroughfare of the town centre. Chepstow Rail Station is some 500 metres from the property and occupiers close by include Boots adjacent, Greggs and Costa Coffee opposite amongst others.
The property is of traditional construction and occupies a prominent position on High Street. The property is fitted out to the tenant’s current specification and is arranged over two floors, with the ground floor accommodating a substantial retail area forming the majority of the space. The first floor comprises storage and staff facilities.
The premises benefits from rear servicing access from Upper Nelson Street.
The premises extend to the following approximate areas:
Ground Floor: 2,415 sq ft / 224.4 sqm
First Floor: 2,202 sqft / 204.6 sqm
Let to TG Jones Retail Holdings Ltd until 20th September 2031 on a FRI lease at a passing rent of £24.500pa.
Offers over £265,000
On application
Each party to be responsible for their own legal and professional costs incurred in this transaction.
Britton Property is a niche, independent retail and leisure consultancy, providing professional and bespoke advice to clients.