Bulwark Rd - Lidl 11,209 SF Retail Condo Unit in Chepstow NP16 5JW
INVESTMENT HIGHLIGHTS
- Existing retail use, other uses could include: gym, trade counter, residential - subject to planning
- Freehold with vacant possession Available Date TBC
EXECUTIVE SUMMARY
The historic market town of Chepstow is located 17 miles north west of Bristol and 16 miles east of Newport some 2 miles from Junction 2 of the M48 motorway. The subject property is located on Bulwark Road a mixed residential and commercial and district retail centre 1 mile to the south of the town centre. Nearby occupiers include: Howdens Joinery, Plumb Centre, Spar, Londis and Dominos as well as a variety of other local and national retailers. The subject property is located to the western side of Bulwark Road immediately adjacent to the existing shopping parade and opposite the site of the new proposed Lidl foodstore. The subject property comprises a purpose built supermarket of 11,029 sq.ft. Gross Internal Area with 80 car parking spaces on a site of approximately 1.1 acres. We are advised the property has the benefit of a retail planning permission however other suitable uses could include: gym, trade counter, residential, retirement living, subject to receipt of planning permission. Freehold with vacant possession. Alternatively leasehold offers will be considered.
PROPERTY FACTS
| Total Building Size | 11,209 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Supermarket |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 11,209 SF |
| Year Built | 2017 |
| Tenancy | Single |
| Lot Size | 1.10 AC |
| Parking Ratio | 7.14/1,000 SF |
1 UNIT AVAILABLE
Unit 1
| Unit Size | 11,209 SF |
| Condo Use | Retail |
| Sale Type | Owner User |
| Tenure | Freehold |
| Sale Conditions | Expansion |
DESCRIPTION
The historic market town of Chepstow is located 17 miles north west of Bristol and 16 miles east of Newport some 2 miles from Junction 2 of the M48 motorway. The subject property is located on Bulwark Road a mixed residential and commercial and district retail centre 1 mile to the south of the town centre. Nearby occupiers include: Howdens Joinery, Plumb Centre, Spar, Londis and Dominos as well as a variety of other local and national retailers. The subject property is located to the western side of Bulwark Road immediately adjacent to the existing shopping parade and opposite the site of the new proposed Lidl foodstore. The subject property comprises a purpose built supermarket of 11,029 sq.ft. Gross Internal Area with 80 car parking spaces on a site of approximately 1.1 acres. We are advised the property has the benefit of a retail planning permission however other suitable uses could include: gym, trade counter, residential, retirement living, subject to receipt of planning permission. Freehold with vacant possession. Alternatively leasehold offers will be considered.
NEARBY MAJOR RETAILERS
