• Development Opportunity +
• Planning application submitted to construct a 3 bedroom detached dwelling +
• Premises comprising ground floor veterinary practice and first floor flat +
• Refurbishment opportunity for existing premises +

LOCATION

The property is located on Newport Road, Caldicot, Monmouthshire, in a predominantly residential location. The property is situated close to the A48, a main arterial route, linking Caldicot to Chepstow, the M48 motorway and Newport.

DESCRIPTION

The property itself comprises a detached two story building providing a veterinary surgery with a flat above. To the rear is a large car park where a planning application has been submitted to construct a three bedroom detached dwelling (Application Number DM/2023/01620 with Monmouthshire County Council).
There is potential to convert the building into a dwelling or two flats subject to planning.

ACCOMMODATION

The property has been measured in accordance with the RICS Code of Measuring Practice (Sixth Edition) the property comprises the following (approx.) areas:-

Description SQ M SQ FT
Ground Floor
Entrance Lobby2.60 28
Reception 18.40 198
Surgery 12.68 137
Rear Room 10.95 118
Surgery 9.24 100
Store 7.48 81
External Toilet - -
Ground Floor Net Internal Area 61.35 662

First Floor Flat
Kitchen/Diner 16.35 176
Inner Hallway
Living Room 12.37 133
Bedroom 1 15.17 163
Bedroom 2 12.56 135
Bathroom
Flat Gross Internal Area 71.99 775

External
Storage Building 7.54 81
Front Garden
Side Driveway
Rear Car Park (8/10 Spaces Double Parked)

TENURE

The property is available freehold.

GUIDE PRICE

£350,000.00 (Three hundred and fifty thousand pounds).

BUSINESS RATES & COUNCIL TAX

The Valuation Office Agency website states the property is assessed for Business Rates as:-

Description: Office and Premises
Rateable Value: £2,175

The Valuation Office Agency website states the property is assessed for Council Tax as:-

Band B
Amount Payable 2024/25: £1,668.26

COSTS

Each party to bear their own legal costs incurred in the transaction.