Greg Lance – Watkins
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Former Glance Back Books shop Chepstow town centre for sale
A former bookshop in the centre of Chepstow, which has lain closed for years, has been put on the market.
The former Glance Back Books shop, which is in need of total refurbishment, is being marketed for sale with Elstons for:
offers over £295,000.
The agents describe the property, which is on the corner of Middle Street and Upper Church Street, as ‘unique and interesting’ and an ‘ideal investment opportunity’.
The property, which was last sold more than 35 years ago, has three entrances and could be renovated to become a commercial shop or converted into separate properties, subject to necessary planning permission and consents.
MORE BUSINESS NEWS:
Part of the property, 8 Middle Street, is grade II listed. The other part, 17 & 17A Upper Church Street, is not.
This is the first time the property has come to market for more than 35 years.
According to the estate agent the property is a ‘deceptively substantial’ building set over three floors.
For more information or to view contact Elstons on 01291 628100.
To view the original article above in The South Wales Argus:
THE OWNER is pleased to offer for sale a prime corner site 35’ x 34’, on 4 floors at 8 Middle Street & 17 & 17A Upper Church Street, Chepstow.
It is time for new imagination for the 21st. Century to be made of this substantial and fascinating old building, with all its faults, its outdated electrics and its fabulous beams!
A town centre property offering a blend of residential and retail opportunity, further development and/or total change of usage subject to planning.
Whether a shop, shops, or 3 small cottages & a family house or a combination the property is under a fully refurbished and insulated roof and offers excellent prospects or a sound financial return for a competent developer.
The property dates back arguably to the 11th. Century – the property line on the Road is mid 1500s & the property has grown somewhat ‘organically’ since then!
Since 1983 it has been both a residence and a most successful business offering a huge range of books, historical information, stamps, coins etc. & we are far from sure the cats will like the prospect of leaving their 20 room home with all its hidden areas and fascinating history.
Exceptionally deceptive from the exterior, we estimate the floor space situated over four floors, to be well in excess of 3.1/2-4,000 sq.ft. Most areas of the property will require cosmetic upgrading at least. However the sale of this property offers an enormous range of potential future uses and an opportunity to own a key corner site in Chepstow’s future.
A condition of the sale of this property will be upto a two month delay between exchange of contracts and completion, at the request of the vendor, for the relocation of amongst much else around 60,000 books, at least ½ a ton of fossils and all the cat’s toys!
The property has 4 access points (2 in use); for entrance points at ground floor level. For the sake of these details the main access point is considered to be the entrance door from Middle Street.
The present cats and their owners were sorry to leave what has been a home and a way of life in the heart of a vibrant town where already they have participated in its future.
A extensive photographic record of all major works undertaken in the last 40 years will be provided on CD to the purchaser, on completion, if required.
All measurements are approximations given that not all rooms were easily measurable & many rooms are irregular in shape – ceilings are frequently low as can be expected in an old building!
GROUND FLOOR (D&R) (D): Domestic; (R): Retail
The ground floor comprises +- seven opened and/or partitioned areas
ENTRANCE LOBBY (D)
6” x 3’6” with window & door to Middle Street
STORE / LIVING? ROOM (D) 1
approximately 25’ x 14’ with open staircase to upper living area
STAIRS DOWN TO CELLAR (D)
Two dry open rooms both approximately 11’ x 9 ‘
STORE / potential KITCHEN (D)
An ‘L’ off of the large room above 11’9” x 9’
with door to:
COVERED OUTSIDE STORAGE (D)
11’9” x 5’ with built in barbecue & chimney!
THE SHOP AREA (R)
Can be accessed through:
OFFICE AREA (D)
12’ x 6’ approximately
SHOP AREA (R) 3
16’ x 8’ approximately with potential door to street & STAIRWELL 2 to Upper Retail Area. Additionally this room has a Lobby room at the foot of the stairs and a tiny coffee making room also!
SHOP AREA (R) 2
16’ x 12” approximately with potential door to Street
SHOP AREA (R) 1 (entrance/Counter Room)
18.6’ x 9’ with door to Upper Church Street & internal access to Middle Street entrance & Domestic zone.
The first floor is accessed via two separate stairwells. For the purposes of this description they are defined as (R) retail area and (D) domestic area
FROM STAIRWELL (D) 1
Rising as an open staircase from (D) 1
To a LANDING AREA (D)
With doors to Kitchenette, Toilet & Shower, Living Room & Staircase up to Attics
KITCHENETTE AREA (D)
12’9” x 9’ approximately with access to small outside patio area
6’ x 7’10” approximately with large storage cupboards built in
The Ground Floor
The First Floor
The Attic Floor
16’ x 7’10” approximately with a further 3’6” x 8” walk in cupboard – storage
LIVING ROOM (D)
17’ x 14’ approximately
BEDROOM 2 (D)
11’9” x 9’9” approximately – Please note there is a toilet and shower area
STAIRWELL TO ATTIC AREA (D)
The entire attic area is soundly floored and offers, besides measured areas given, considerable under eaves storage (the cats love it!)
Comprising two open studio areas the one 11’ x 11’ has some 8’ x 8’ of glass double glazed panelling to roof and although now a studio could easily convert to a bedroom.
Likewise the 11’ x 6’6” with dormer window & limited head room
A further area of 15’ x 9’ currently storage & hobby room!
Finally an awkward to enter storage area above main bedroom comprising approximately 9’ x 7’
RETAIL SHOP AREA
STAIRWELL (R) 2
Gives access to a further area currently in retail use comprising 2 sizeable rooms and one smaller being in all some 17’ x 22’
Any agreed purchaser will be required, as per the Money Laundering Act 2003, to provide proof of Identity and Residence to this Office
FREEHOLD – You are recommended to have this verified by your legal adviser at your earliest convenience
All mains services available gas can be connected – telephone subject to BT Regulations
Strictly by appointment with the Owner or Agents in Chepstow
For further information please contact Monmouthshire County Council on 01633 644644.
Please note that the services and appliances have not been tested; all measurements given are approximations only. These details are provided in good faith and are believed to be fair and accurate – It is recommended that you verify the details for yourself before submitting an offer.
FURTHER INFORMATION Normally to assist vendors and purchasers agents offer a free mortgage advisory service without obligation or charge. They are happy to see you in their offices but in any instance will require proof of available funds should you wish to view or purchase the property.
For The SERIOUSLY INTERESTED – It Is Essential To View This Property To Understand Its Full Potential
In the case of similar offers being made the first person to make the bid will be offered the opportunity to make a further written binding bid.
IF the bid is matched or bettered those with like bids will be asked to make verified binding sealed bids, which will be opened in the presence of their solicitors by the vendors or their agents.
tel: 44 (0)1594 – 528 337
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