Summary - Priory Cottage, Nailors Lane, Monnow Street NP25 3EH
1 bed 1 bath Office
Freehold town-centre property with parking, garages and conversion potential.
Circa 2,594 sq ft of flexible commercial space
A large, stone-and-brick two-storey commercial property a few yards from Monnow Street, offered freehold with extensive character and flexible internal space. Originally a Georgian coach house, it retains exposed beams, wood flooring and traditional features that give authentic period character. The building has mains water and electricity, a boiler with electric heating, and double glazing installed since 2002.
The site includes four integral garages and an extensive hardstanding area to the front providing off-street parking, plus a fenced rear garden. Historically used as workshop, showroom and offices, the layout and overall size (circa 2,594 sq ft) suit a range of commercial uses or a conversion project subject to necessary consents. Garages and outbuildings offer storage or workspace with clear potential for refurbishment or adaptation.
Buyers should note material rework is likely. Garages and some internal areas are basic, with concrete floors, low ceilings and dated services; modernization will be required for high-spec office use or residential conversion. The property sits in a very deprived area with a high local crime score, and broadband speeds are average. These factors affect certain occupier markets but also reduce acquisition cost for investors or developers prepared to invest in improvements.
This freehold opportunity will appeal to investors and small businesses seeking a prominent town-centre base with parking and period character, or to purchasers with a renovation brief looking to add value through targeted refurbishment or change of use, subject to planning and building regulations.
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