Number One agent Cole Calzaghe is delighted to offer the White Swan Court shopping centre to market.
Located at the top of Monmouth town centre, this unique investment opportunity has not been seen at market since 2000. Compromising of several boutique retail outlets located around an attractive courtyard linking from Priory Street through to the pedestrianised Church street, White Swan Court is an attractive proposition to serious investors.
The property consists of two buildings either side of White Swan Court and provides a going concern of eight diverse commercial units including a florist, sweetshop, restaurant, seamstress, clothes shop and a tattoo parlour to the ground floor. There a three residential flats to the upper floor, with scope for four additional flats to the upper floors subject to development planning.
White Swan Court currently yields £63,980 rent per annum from sitting tenants.
Subject to planning permission a further four flats could be developed to the upper floors providing a further return of £28,000 PA. Totalling £91,980; a very competitive yield figure.
Please call the agent, Cole to arrange a viewing or discuss further details.
Tenure: Freehold subject to occupational leases.
All services and mains water are connected to the property. VAT is not applicable.
About Monmouth: Monmouth sits at the confluence of the beautiful Rivers Wye and Monnow, the town has a population of around 10,500 and offers an excellent selection of individual shops, supermarkets, restaurants, and pubs. In addition, there are a wide variety of other amenities to suit most people’s requirements, with emphasis on the high standard of education – both state and private. Monmouth is 24 miles north-east of Newport and 12 miles south-west of Ross on Eye ensuring that main road / motorway connections are close at hand.
Unit 1 – Residential Flat
Unit 2 – Tattoo Studio
Unit 3 and 4 – Craft Shop
Unit 5 – Flower Shop
Unit 6 – Salon
Unit 7 – Baby Shop
Unit 8 – Sweet Shop
Units 9 and 10 – Café / Restaurant
Two additional currently tenanted flats and a significant amount of office space is also included with this sale. Subject to planning permission this office space could be converted to a further four flats.
These spaces are not currently photographed but would be accessible upon viewing the property.
• Eight commercial units
• Three tenanted flats
• Scope for further development of four flats (subject to planning)
Unit 3 and 4
Unit 9 and 10