Tenanted Commercial Investment Property

INCOME PRODUCING INVESTMENT*** Retail Unit over ground, first and lower ground floor in EXCELLENT TRADING POSITION. Producing £24,500 per annum. INCOME PRODUCING INVESTMENT Let to TG Jones Retail Holdings Limited on a FR & I lease. Lease renewal 5 years from 29.09.2023 Rent: £24,500 per annum. Reversion 2028 The property has been measured to the following - Ground Floor Sales 224.4sqm (2,415 sq ft) First Floor Storage/Staff 204.6sqm (2,202 sq ft) Lower Ground Floor Plant Total 429 sqm (4,618 sq ft) PRIME INVESTMENT PROPERTY in excellent trading position **PERFECT ADDITION TO ANY PORTFOLIO** SUPER TRADING POSITION *** Rental £24,500 PER ANNUM EXCELLENT LOCATION The property enjoys a prime High Street position surrounded by independent boutiques, cafés, restaurants, supermarkets, banks, and everyday services. Tenancy Details: Type of Agreement: Full Repairing & Insuring (FRI) Length: 5 Years Rent: £24,500 per year / £2,042 per month Yield: 13% (approx) Tenant: Private Individual Notes: Let to TG Jones Retail Holdings Limited on a FR & I lease. Lease renewal 5 years from 29.09.2023. Rent: £24,500 per annum. Reversion 2028. Maps & Location: The property is situated in Chepstow, Gwent, close to the Welsh-English border and the scenic River Wye. The High Street is the town's main shopping and commercial area, featuring a mix of independent retailers, cafes, restaurants, banks, and pharmacies. It is conveniently located for residents and visitors, with nearby attractions such as Chepstow Castle. Transport links are excellent, with Chepstow Railway Station offering services to Cardiff and Newport, and the A48/M48 motorways providing easy access to Bristol and Cardiff.