COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 24 March 2021 | Lot 5

103-105 Monnow Street, Monmouth, Monmouthshire, NP25 3EG

Sold £194,000

  • Commercial Property
  • 2 Bedrooms
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 24/03/2021

Auction Time

12:00

Auction Venue

ONLINE ONLINE,

Popular Town Centre Mixed Use Property

A Substantial vacant mixed use mid terraced property located on the High Street of this historic county town. The ground floor commercial element benefits from A1 consent which we are informed was previously let by way of a lease at £16,000 per annum. Whilst to the upper two floors is a generous sized two bedroom maisonette which is in need of refurbishment. In our opinion, the maisonette which is accessed from the rear may have scope to divide into two smaller units (subject to all usual consents). Monnow Street is the main trading thoroughfare through the town, National occupiers include Waitrose, Estero Lounge (Lounges Group), M & Co and FatFace amongst others along with local occupiers. Monmouth is the historic county town of Monmouthshire and is situated 2 miles west of the border with England. The town is 30 miles north east of Cardiff. The town is accessed via the A40 to the north and south with a number of bus routes serving the local area and beyond.

Tenure

See Legal Pack

Ground Floor

(566sqft/52.4sqm) Full width retail area with two bay window glazed display frontage and central doorway, kitchen, store room with rear access, rear lobby to w/c.

The Snickett

Ground Floor

Entrance doorway with stairs leading up to the upper floors.

First & Second Floor

Large landing, kitchen, shower room, reception room with stairs to second floor double bedroom. Two further reception areas that have been opened in to one large reception with second staircase leading up to a second floor landing, bedroom, bathroom.

Outside

Paved garden to the rear.

Viewing Schedule

Strictly by appointment through the Auctioneers office on 02920 475184

Local Authority

Monmouthshire County Council

Solicitors

Gartsides Abergavenny, Rother House, 11 Nevill Street, Abergavenny, NP7 5AA, Ref: Alun Jones, Tel: 01873 857555

Additional Fees

Buyer's Premium - 0.6% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.