Monmouth is an affluent and attractive county market town located in the Wye Valley – 36 miles northeast of Cardiff, 24 miles north of Newport, 20 miles south of Hereford and 25 miles west of Gloucester, and provides an excellent retail and leisure offer – with strong national retailers including Marks & Spencer Simply Food, Waitrose, Boots, Joules, Fat Face, Costa Coffee and Specsavers. Together with a wide range of independent retailers, cafes and food outlets.

Agincourt House is prominently situated on Agincourt Square at the junction with Church Street, immediately opposite Iceland, within Monmouth’s prime retail pitch, where occupiers in the immediate vicinity include Caffe Nero, Pizza Express, Mountain Warehouse and Cook, as well as a vibrant mix of independent retail and food outlets.

The property comprises a prominent and attractive end of terrace double fronted period building – with a retail unit at ground and three storeys of attractive offices above.  The offices and rear of the shop have entrances on the side lane.  As such the rear of the retail unit and offices provide excellent potential for conversion to apartments – if they ever fell vacant (subject to planning).

The ground floor retail unit is let to Dogs Trust, the largest dog welfare charity in the UK and Eire – whilst the first floor offices are let to The Richards Partnership, well known landscape architects and urban designers, and the second floor offices are let to Dot on Technologies Limited, a UK based technology software advisor.  The current total rental income for the property is £41,600 per annum – equating to £122.49 psf overall.

We have been instructed to seek offers in the region of £475,000, subject to contract and exclusive of VAT – reflecting a Net Initial Yield of 8.39%, based on purchaser’s costs of 4.38%.