12 Monnow Street Monmouth Monmouthshire NP25 3EE

12 Monnow Street
Monmouth
Monmouthshire
NP25 3EE

Freehold Retail and Residential Investment

Shop let to Timpson until July 2028
Timpson in occupation for over 20 years
Includes 2 large separately let 3 bedroom maisonettes
Prominent position in town centre
Nearby occupiers include M&S Food hall, Boots, Pizza Express, Caffe Nero, Superdrug, Mountain Warehouse and JD Wetherspoon
In the same ownership for over 25 years
VAT free investment

Lot
38
Auction
18th September 2025
Rent
£38,592 per Annum Exclusive
Status
Available
Guide*
£400,000
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Investment

Shop let to Timpson until July 2028
Timpson in occupation for over 20 years
Includes 2 large separately let 3 bedroom maisonettes
Prominent position in town centre
Nearby occupiers include M&S Food hall, Boots, Pizza Express, Caffe Nero, Superdrug, Mountain Warehouse and JD Wetherspoon
In the same ownership for over 25 years
VAT free investment

Lot 38
Auction 18th September 2025
Rent £38,592 per Annum Exclusive
Status Available
Guide* £400,000
Sector
High Street Retail, Residential
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 19 miles west of Gloucester, 29 miles north east of Cardiff
Roads: A40 A449, A4137
Rail: Abergavenny Railway Station
Air: Bristol Airport

Situation

Monmouth is a historic market town on the English and Welsh border, highly popular with shoppers and tourists alike. The property is situated on the south side of Monnow Street, the primary retailing thoroughfare in Monmouth, with a prominent return frontage onto St John's Street. Nearby occupiers include M&S Food hall, Boots, Pizza Express, Caffe Nero, Superdrug, Mountain Warehouse and JD Wetherspoon.

Tenure

Freehold.

Location

Miles: 19 miles west of Gloucester, 29 miles north east of Cardiff
Roads: A40 A449, A4137
Rail: Abergavenny Railway Station
Air: Bristol Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor shop together with two self contained 3 bedroom maisonettes on the upper two floors, accessed from St John's Street.

VAT

VAT is not 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 shop together with two self contained 3 bedroom maisonettes on the upper two floors, accessed from St John's Street.

VAT

VAT is not 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 sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
Ground	Retail	105.00	(1,130)	TIMPSON RETAIL LIMITED (1)	10 years from 24/07/2018 (2)	£24,000
First/Second	3 Bedroom flat	89.00	(958)	INDIVIDUAL	12 month AST from May 2023	£7,200
First/Second	3 Bedroom flat	120.96	(1,302)	INDIVIDUAL	Regulated Tenancy from 1984	£7,392
Total		314.96	(3,529)			£38,592

(1) Timpson was founded in 1865 and currently operate from over 1,300 stores across the UK (www.timpson.co.uk).
(2) The tenant did not exercise their June 2023 break option.
N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.