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Chippenham House 102 Monnow St 2,379 sq ft 75% Let Retail Property Monmouth NP25 3EQ £795,000 (£334.17/sq ft) 5.65% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Georgian Grade II listed Building
  • Mixed use investment
  • Large garden and garage at rear

EXECUTIVE SUMMARY

The property sits at the southwestern end of Monnow Street, Monmouth’s principal commercial thoroughfare. It is in close proximity to Waitrose, adjacent to Castle Gate Medical Practice, and opposite Estero Lounge restaurant and bar, part of the Loungers Plc. Chippenham House is a three storey Grade II listed Georgian building. The property
benefits from a Welsh slate roof and features classic late Georgian architectural elements such as semi-circular headed recesses and tripartite sashes. Historically,
Chippenham House was a doctor’s residence, but is now a mix of residential and commercial uses. The property consists of two self contained ground floor retail units, two first floor offices and a 3 bed apartment on the second floor. We understand the first floor could easily be converted to residential use if desired. There is a large garden at the rear of the property (for the exclusive use of unit 2) and a garage (for the exclusive use of the apartment).

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
2,379 sq ft
Costar Property Class
B
Year Built
1899
Price
£795,000
Price per sq ft
£334.17
Yield
5.65%
NOI
£44,900
Occupancy Rate
75%
Tenancy
Multiple
Number of Floors
3
Plot ratio
0.46
Total Plot Size
0.12 ac
Frontage
36 ft on Monnow St

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • Ground
  • 590 sq ft
  • Retail
  • -
  • Now

The property is located on Monnow Street, the main retail throughfare in Monmouth, close to prime pitch where a number of national retailers are located. The subject unit forms part of Chippenham House, a Grade II listed Georgian mixed-use property. It features a single entrance fronting Monnow Street, accessed by all occupiers. The unit itself has a shop entrance from the ground floor hallway, with a window display facing Monnow Street.

Space Size Space Use Position Available
Ground 590 sq ft Retail - Now

Ground

Size
590 sq ft
Space Use
Retail
Position
-
Available
Now

Ground

Size 590 sq ft
Space Use Retail
Position -
Available Now

The property is located on Monnow Street, the main retail throughfare in Monmouth, close to prime pitch where a number of national retailers are located. The subject unit forms part of Chippenham House, a Grade II listed Georgian mixed-use property. It features a single entrance fronting Monnow Street, accessed by all occupiers. The unit itself has a shop entrance from the ground floor hallway, with a window display facing Monnow Street.

NEARBY MAJOR RETAILERS

Co-op
Lounges
HSBC
Costa Coffee
Caffè Nero
Waitrose & Partners
Lidl
Morrisons
  • Listing ID: 36770974

  • Date on Market: 17/07/2025

  • Last Updated:

  • Address: 102 Monnow St, Monmouth NP25 3EQ

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