Retail property (high street)

Rooms

FULL DESCRIPTION
Comprising ground floor retail space extending to approximately 195ft2 with frontage onto Agincourt Street set within the heart of the historic town of Monmouth. The accommodation provides retail space with large window display space along with further office/store room of approximately 90ft2 to the rear of the ground floor. The retail space is accessed via a communal hallway and also benefits from communal toilet and kitchen on the ground floor along with communal access to the courtyard garden.

SITUATION
The premises are well positioned within the heart of the historic town of Monmouth benefitting from road frontage onto Agincourt Street and just metres from the High Street. Monmouth is an expanding town of over 10,000 population but serving a much larger area. The town is popular residentially not only because of the excellent road network to both the Midlands, South Wales and the West Country. It also benefits from an excellent choice of well-known schools both in the state and independent sector, as well as the good balance of individual private shops as well as nationally run outlets situated in the main street including, Waitrose, Marks and Spencer Simply Food, White Stuff and Coffee#1etc.

OUTSIDE
The property benefits from frontage and window display space onto Agincourt Street and is just a short walk from the main high street.

TERM
The tenancy will be written under the statute of the Landlord and Tenant Act 1954 excluding the renewal provisions contained within s24 to s28 of the same and ideally for a term of at least 3 years with the opportunity of a break clause if required. The lease will be an Internal Repairing and Insuring Lease, with landlord responsible for external repairs and the structural insurance of which the premium will be recoverable from the Tenant. The Tenant will be responsible for internal repairs and insurance along with business rates, phone lines and broadband.

RENT
£5,400 per annum

DEPOSIT
A deposit equal to two calendar month’s rent will be requested from the Tenant prior to entry. This will be returned minus any appropriate deductions at the cessation of the Tenancy.

SERVICES
Mains water and electric are connected with heating by way of electric night storage heaters.

EPC
Rating D

Business Rates
Rateable Value - £6,100