40 London Road, Gloucester
The property is a detached building of brick construction under a flat roof. The accommodation includes an office/store on the ground floor with a self-contained flat at first floor level.
The ground floor has 2 main rooms and 2 WCs. There is a loading door to the front and pedestrian access from the side. The flat has an open plan living/dining area, kitchen, double bedroom, and shower room.
Externally parking is provided to the side and rear of the property and the access is shared with the building to the front.
An EPC is being prepared.
The flat is let by way of an Assured Shorthold Tenancy (AST) for a period of 6 months from 10th June 2021 at a rent of £450 per month.
The property is situated just off the London Road which is one of the principal routes into the City Centre which is within half a mile and the property is within easy reach of the ring road and Junction 11 of the M5 Motorway.
The approximate gross internal areas are as follows:
Ground Floor: 59.69 sq m (643 sq ft)
First Floor: 57.07 sq m (614 sq ft)
Total: 116.76 sq m (1,257 sq ft)
The Valuation Office Agency website lists the following:
Rateable Value: Ground Floor £3,200
Rate payable in the £ 2021/2022: 0.499
The flat is within Band A for Council Tax purposes.
The ground floor has been used as offices and storage which fall within Classes E (previously B1) and B8 of the Use Classes Order 1987. The flat falls with Class C3.
The property is offered freehold subject to the tenancy in place.
We do recommend that prospective purchasers establish the VAT implications before entering into any agreement.
Each party to bear their own legal costs incurred in the transaction.
Simon McKeag: 07737 691453
Harry Pontifex: 01242 255242
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