Bond International, Newhouse Farm Industrial Estate, Chepstow, Monmouthshire

LOCATION
The property is located within Newhouse Industrial Estate, Chepstow. This is an established industrial area with excellent transport links, situated
adjacent to Junction 2 of the M48 and the first Severn Bridge. The M4/M5 interchange nearby provides direct routes to the Midlands, London and the wider South West region. There is a mainline railway station in Chepstow with routes to Gloucester, Newport and Cardiff. The property is also within close proximity to J23 of the M4, which provides easy access to Newport, Cardiff and South Wales, with J23A providing access to the M4 Prince of Wales Bridge.

Drive Times
Approx travel times by car.
Bristol 15 miles 20 mins
Newport 18 miles 25 mins
Bath 30 miles 45 mins
Cardiff 30 miles 50 mins
Gloucester 36 miles 50 mins
London 125 miles 2 hrs 30 mins

DESCRIPTION
The property itself comprises two substantial, detached warehouses.
UNIT 2 has a minimum eaves height of approximately 7.48 metres. The warehouse also has 4 dock loading bays measuring approximately 3.48 metres wide by 3.16 metres high. The right hand side of the warehouse has also been extended, with a lower eaves than the main building.
UNIT 3 has a minimum eaves height of approximately 6.72 metres, 6 roller shutter doors of varying heights and widths along with 14 dock loading bays, with 11 currently in use. Each dock level bay measures approximately 2.15 metres wide by 2.80 metres high. Above the reception area are first floor offices, and adjacent the dock loading bay is a staff breakout area. Both units are of portal steel frame construction with brick elevations at lower level, with the remainder of the elevations and the roof being clad thereover with profile metal sheets. Floors are solid concrete. The warehouses would appeal to owner occupiers and investors.

Use:
B8 (Storage and Distribution).

EPC:
UNIT 2 – B (45) UNIT 3 – C (51)

Asset Management
Whilst the property is suitable for immediate occupation, there is potential to refurbish and let both warehouses, which would potentially increase ERV. Chepstow has an extremely limited supply of warehouse space available to let, with little coming to the open market in recent years. By separate negotiation with the neighbouring landowner, there is a area of land of approximately 0.15 acres between the two warehouses which could be purchased. The landowner has expressed willingness to potentially sell this area of land. A purchase of this land would allow accessibility between the two warehouses.

Anti Money Laundering
In order to discharge its legal obligations, including under applicable anti-money laundering regulations, Bladen Property will require certain information of the purchaser, including source of funds. In submitting an offer, you agree to provide such information when Heads of Terms are agreed.

VAT
We understand the property has been elected for VAT.

Business Rates
UNIT 2 £228,000 (1 April 2026)
UNIT 3 £148,000 (1 April 2026)

Tenure
To be sold with vacant possession. We are advised that Unit 2 is held Freehold and Unit 3 is Long Leasehold for a term of 999 years from 15 June 1989 at a peppercorn ground rent.

Purchase Price
Offers in excess of £5,800,000 (five million eight hundred thousand pounds), for the two warehouses sold together as a pair. Offers for each warehouse in isolation will be considered.
A purchase at this level reflects a low capital value of just £54.70 per square foot. Warehouses in this location rarely come to the open market, especially with vacant possession.
UNIT 2 – Offers in excess of £3.275M.
UNIT 3 – Offers in excess of £2.55M.

FURTHER INFORMATION
To arrange a viewing or for more information, please contact the sole agent.

KIERAN BLADEN
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Important Notice. These particulars do not constitute an offer or contract and although they are believed to be correct their accuracy cannot be guaranteed and they are expressly excluded from any contract. Subject to contract. Moose Studios Oct ‘26.