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St. Thomas Square, Monmouth

Guide Price £195,000

Commercial Property


Commercial Property for sale in St. Thomas Square, Monmouth

Key Features:

  • Freehold Commercial Property Plus Further Attached Shop
  • Currently Run as a Self Service Launderette
  • Great Potential
  • Parking
  • Rear Yard
  • Town Location

Due to retirement, we offer for sale A RARELY AVAILABLE FREEHOLD COMMERCIAL PROPERTY SITUATED ON THE GROUND FLOOR currently run as a self service launderette turning over circa £55,000 per annum but with great potential to develop more services, together with REAR YARD and PARKING FOR TWO VEHICLES. There is also an ATTACHED SHOP which is rented out and earns £5,100 per annum (currently on a 12 month contract till April 2022).

Rub A Dub Dub - Entrance via half glazed door through to:

Main Shop Area - 9.14m x 3.66m (irregular shape) (29'11" x 12'0" (i - Five standard sized washers, one extra large washer, five gas dryers. tiled flooring. Door to:

Rear Work Room / Kitchen - 5.31m x 3.02m (17'5 x 9'11) - Belfast sink unit plus separate sink with hot and cold water, various storage shelving, further store / kitchen area. Door through to:

Cloakroom - External cloakroom with WC.

Courtyard Patio Area - Leading through to rear access.

Quench - Shop (Rented Out) - 2.95m x 3.23m (9'8 x 10'7) - Entrance via half glazed door through to shop area with serving counters etc.

Quench - Kitchen Area - 2.16m x 2.06m (7'1 x 6'9) - Single drainer double bowl sink unit, door to storage area and cloakroom.

Quench - Cloakroom - WC and wash hand basin.

Parking Area - There is hardstanding for two vehicles to the rear of the launderette.

Services - Mains water, drainage, gas and electric.

Water Rates - Welsh Water - to be advised.

Local Authority - Rates none payable as small business rates relief. Any enquiries to be made to Monmouthshire Council, County Hall, The Rhadyr, Usk, NP15 1GA.

Tenure - Freehold.

Agents Note - The sale doesn't included the first floor flat.

The launderette is run as a limited company under the name of Rentek Limited.

The opening hours of the launderette are Monday to Sunday, 7.30 a.m. to 6 p.m.

Viewing - Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required. Office Opening Hours 8.30am - 7.00pm Monday to Friday, 9.00am - 5.30pm Saturday.

Directions - From Ross on Wye, proceed on the A40 towards Monmouth. Upon reaching Monmouth, head straight over the roundabout heading towards Newport. Upon reaching the traffic lights, proceed over and then take the first slip road on your left hand side to Monmouth. Follow this road around and over the bridge until coming to a T junction. At the T junction turn left, proceed along and the property will be found on your left hand side after passing over the traffic lights.

Property Surveys - Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys).

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OPENING HOURS: Monday to Friday 8.30am to 7pm, Saturday 9am to 5.30pm

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01531 820844

01531 822829

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Tel: 01452 505566