* Freehold
* For sale by private treaty
* Investment opportunity
* New build commercial unit
* Plot of approximately 0. 44 acres
* Semi - rural location
* Vehicular access
* Private parking
* Excellent transport links
* New build unit with B1, B2 & B8 Uses
Investment opportunity to purchase a new build commercial unit extending to
approximately 3550ft2 set in a prime position on the outskirts of Monmouth.
The site extends to approximately 0. 44 acres including private parking and is
available subject to a current 5 year lease agreement.
**Description**
An attractive, well - positioned new build commercial unit providing
approximately 3550ft2 of high quality commercial workspace with ancillary
parking within a site extending to approximately 0. 44 acres. Construction of
the unit was completed in 2022 and provides flexible accommodation with B1, B2
& B8 uses approved.
The unit provides a steel portal framed, timber clad construction with two
large electric roller shutter doors providing access to the workshop/warehouse
space. Office space is set over two floors with ancillary toilet and kitchen
facilities and potential for further mezzanine floor space for additional
office space.
**Situation**
The unit is located in a prime position just outside the popular Monmouthshire
village of Mitchel Troy providing excellent rural views. The village of
Mitchel Troy offers church and village hall, with a wider range of facilities
located in Monmouth within 3 miles.
The site benefits from excellent transport links with direct access onto the
A449 which gives access to J24 of the M4 (18 miles) to the South. The larger
centres of Newport (22 miles), Cardiff (33 miles) and Bristol (30 miles) are
all in easy reach.
**Tenure**
Freehold subject to current lease agreement.
**Lease Details**
The premises is currently subject to a 5 year lease agreement commenced May
2022 with current rent passing at £26, 000 per annum increasing to £28, 000 per
annum in 2024 and opportunity for further rent increase during the term.
Further information available from the agent.
**Rights Of Way & Easements**
The property is sold with any rights, easements or incidents of tenure which
affect it.
**Planning**
Planning permission was granted on 3rd December 2019 under planning reference
DM/2019/01082 to demolish all existing site buildings and propose new
warehouse/commercial replacement development.
Interested parties are advised to make their own investigations with the local
authority.
**Local Authority**
Monmouthshire County Council –
**Services**
It is understood the unit benefits from mains water and single phase
electricity with private drainage via a package treatment plant.
**Business Rates & Council Tax**
Current rateable value - £6, 800
**Viewing**
Strictly by appointment with the Agents: David James –
Tel

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