Monnow Street, Monmouth - £250,000

Situated in a prime location within the heart of Monmouth town centre, this attractive building presents a fantastic opportunity for investors or developers looking to capitalise on its potential. The first and second floors have full planning permission for conversion into four, loft living apartments.

Key Features

• Development opportunity
• Full planning permission granted
• Central position within town centre
• Four attractive apartments
• Two, Two Bedrooms
• Two, One Bedrooms

Situated in a prime location within the heart of Monmouth town centre, this attractive building presents a fantastic opportunity for investors or developers looking to capitalise on its potential. The first and second floors have full planning permission for conversion into four, loft living apartments.

The historic Monmouth town has a wider range of amenities including well known supermarkets and retailers alongside a number of independent shops. The town also benefits from a number of excellent dining options. a wide range of sporting facilities including swimming, rowing and golf and benefits from excellent schooling. Monmouth is ideally located for anyone commuting with the A40 providing access to the M4 and M50.

Located on the corner of Monow Street and St Johns Street, the first and second floors of 8-10 are ripe for conversion and sold with full planning permission to convert into four apartments comprising of two, two beds and two, one beds. Available on a long lease of 250 years, this is a great opportunity for someone looking to invest in a long term project or develop and re-sell.

Planning application reference number is DM/2022/00958.

Ground floor – access off St John Street, a communal hallways leads to the first and second floor.

Apartment 1 – entrance hall, open plan kitchen/living/dining room, one bedroom and shower room.

Apartment 2 – entrance hall, open plan kitchen/living/dining room, two bedrooms and shower room.

Apartment 3 – entrance hall, open plan kitchen/living/dining room, stairs to second floor landing, two bedrooms and shower room.

Apartment 4 – entrance hall, open plan kitchen/living/dining room, bedroom, stairs to second floor and bathroom.

Brief Lease Details: 250 year lease. Service Charge to be agreed. Purchaser will need to satisfy their own enquiries with their solicitor.

Council Tax: We have been informed that this property has been placed under council tax band TBC.

Services: Mains services available. Please note we have not tested the appliances, central heating or services.

Telephone & Broadband: Telephone- subject to BT transfer regulations. According to comparethemarket.com the property has a broadband speed of: Download 63.5 and Upload 8.22 Mbps (average speed of Mbps).

Please note you should always confirm this by speaking to the specific provider you would like to use. This is for guidance only.