80/82 Monnow Street Monmouth Monmouthshire NP25 3EQ

80/82 Monnow Street
Monmouth
Monmouthshire
NP25 3EQ

Freehold Retail and Residential Investment

  • Entirely let to The Edinburgh Woollen Mill Limited
  • Located on Monmouth’s prime retailing thoroughfare opposite The Oldway Shopping Centre
  • Nearby occupiers include Marks & Spencer, Boots, W H Smith, Burton, Superdrug and Caffè Nero
  • On-site car parking
  • Lot
    29
  • Auction
    11th December 2014
  • Rent
    £44,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £576,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On Behald of Receivers
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Retail and Residential Investment

  • Entirely let to The Edinburgh Woollen Mill Limited
  • Located on Monmouth’s prime retailing thoroughfare opposite The Oldway Shopping Centre
  • Nearby occupiers include Marks & Spencer, Boots, W H Smith, Burton, Superdrug and Caffè Nero
  • On-site car parking
  • Lot 29
  • Auction 11th December 2014
  • Rent
  • Status Sold
  • Price £576,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On Behald of Receivers

Property Information

Location
Miles
25 miles north of Bristol 32 miles east of Cardiff
Roads
A449, A48, M50, A40, M4(J24)
Rail
Chepstow Railway Station
Air
Bristol International Airport
Situation

The property is situated in Monmouth town centre on the eastern side of Monnow Street, the main retailing thoroughfare. The property sits opposite The Oldway Shopping Centre with other nearby occupiers including Marks & Spencer, Boots, W H Smith, Burton, Superdrug and Caffè Nero.

Tenure

Freehold.

Location
Miles
25 miles north of Bristol 32 miles east of Cardiff
Roads
A449, A48, M50, A40, M4(J24)
Rail
Chepstow Railway Station
Air
Bristol International Airport
Situation

The property is situated in Monmouth town centre on the eastern side of Monnow Street, the main retailing thoroughfare. The property sits opposite The Oldway Shopping Centre with other nearby occupiers including Marks & Spencer, Boots, W H Smith, Burton, Superdrug and Caffè Nero.

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with first floor ancillary accommodation and a self contained residential flat on the second floor, accessed from the rear. The property benefits from a small garden area to the rear and staff parking accessed via Howells Lane.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a ground floor retail unit with first floor ancillary accommodation and a self contained residential flat on the second floor, accessed from the rear. The property benefits from a small garden area to the rear and staff parking accessed via Howells Lane.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversion
Ground
First
Second
Retail
Ancillary
Residential (2)
150.00 sq m
61.40 sq m
Not Measured
(1,616 sq ft)
(661 sq ft)
THE EDINBURGH
WOOLLEN MILL
LIMITED (1)
20 years from 25/07/1997
on a full repairing and
insuring lease
£44,000 24/07/2017
Total Commercial Floor Area
211.40 sq m
(2,277 sq ft)
    £44,000

(1) For the year ending 2nd March 2013, The Edinburgh Woollen Mill Limited reported a turnover of £169,713,000, pre-tax profits of £23,130,000 and a total net worth of £187,301,000. (Source: www.riskdisk.com 12/11/2014)
(2)The residential flat has been sublet.

Property Documents

  • Site Plan
    Updated Date
    18.11.14
    File Size
    89 KB
    View PDF
  • Catalogue Page
    Updated Date
    18.11.14
    File Size
    527 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
DWF LLP 1 Scott Place, 2 Hardman Street
Manchester
M3 3AA
Rachel Smith 0161 838 0250rachel.smith@dwf.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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