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Gloucestershire Business News

6 North Street, Winchcombe, Cheltenham

6 North Street is a three-storey building with attractive outfacing Cotswold Stone elevations under a pitched roof.

The building is not Listed.

A side entrance provides access to both the restaurant and residential upper floors, and a gas fired central heating system is installed.

The upper floors currently provide a five-bedroom flat, with fitted kitchen, one reception room and sun terrace. Three of the bedrooms have an on-suite shower room.

Energy Performance Certificate (EPC): The commercial space is assessed at an energy efficiency rating of E121.

The residential space is assessed at an energy efficiency rating of D56 and an environmental impact rating of E50.

Copies of the certificates are available on request.

Location details:

About 8 miles to the north east of Cheltenham, Winchcombe, originally an important Saxon Town, lies in the Cotswold Valley of the River Isbourne. The High Street provides the main arterial route through the town, with retailing centred on High Street and North Street.

Winchcombe boasts a thriving local community, and is popular with tourists, holidaymakers, and ramblers, with Sudeley Castle a popular attraction.

Over two hundred new homes have recently been constructed on two separate residential developments, increasing the town's population and potential customer base. A planning application seeking to obtain consent for the development of thirty-five residential dwellings is currently being considered by the local authority on appeal.

Accommodation:

(Approximate measurements and Net Internal Floor Areas)

The property comprises a restaurant premises with commercial kitchen on the ground floor, and the upper floors providing substantial residential accommodation.

The ground floor provides a café/restaurant with seating area for 40+ covers, customer WC facilities, and fully fitted commercial kitchen, including extraction system, to the rear.

Frontage: 18 ft (5.57 m)

Bar/reception: 10.98 sq m (118 sq ft)

Restaurant: 41.39 sq m (446 sq ft)

Kitchen: 25.95 sq m (279 sq ft)

TOTAL: 78.32 sq m (843 sq ft)

Service:

It is understood that mains water, electricity, gas and drainage are all connected.

Planning:

The ground floor has established planning consent for Class A3 (Restaurant & Café) Use, as defined in the Town and Country Planning (Use Classes) Order 2005, and is considered to be entitled to a permitted change of Commercial Use Class to either A1 (Retail) or A2 (Financial & Professional Services).

Alternatively, the premises may be suitable for other uses, such as a Bed & Breakfast/Guest House. Interested parties are directed to make their own enquiries in this regard, by contacting Tewkesbury Borough Council's Planning Department on 01684 272152 or visit www.tewkesbury.gov.uk.

Method of Sale:

The property is offered for sale Freehold on an unconditional basis with vacant possession being provided on completion.

Price guide:

Proposals are invited based on a guide price of £350,000, to include all restaurant fixtures and fittings.

Business Rates & Council Tax:

The commercial space is assessed at a Rateable Value of £9,400.

The residential upper floors are assessed at Council Tax Band B.

Source: Valuation Office Agency website. See notes below.

Legal Costs:

Each party are to be responsible for their own legal costs incurred during this transaction.

Contact:

John Ryde Commercial

Tel: 01242 576276

Email: enquiries@johnryde.co.uk

OR

Adams Estate Agents

01242 603601

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