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Gloucestershire Business News

107 Barton Street, Gloucester

The property is an end terrace three storey building of part rendered, part painted brick elevations under a pitched tiled roof; there is a two-storey section to the rear with brick elevations under a pitched tiled roof.

The accommodation comprises a retail unit with a storeroom and kitchen on the ground floor with 2 WCs and a storeroom.

The upper floors are self-contained and accessed from the side of the building; they comprise a 3-bedroom flat with living room, kitchen, and bathroom.

There is an enclosed yard laid with concrete slabs to the rear of the property and a further area which has been used for parking to accommodate up to 6 cars; access is provided across the neighbouring property but there is no formal agreement in place.

The flat is rated in Band D and EPC Register is showing a rating of E 108 for the shop.

Tenancies:

The shop is currently let to a private individual on a flexible basis at a rent of £300 per month and the flat is let on an Assured Shorthold Tenancy at a rent of £680 per month.

Location:

Gloucester is located approximately 9 miles west of Cheltenham, 35 miles north of Bristol, 55 miles south of Birmingham and 100 miles west of London.

Access to the motorway network is available at Junctions 11, 11A and 12 of the M5 and Junction 15 of the M4 at Swindon.

The link to the M4 is via the A417/A419 trunk road. Gloucester Railway Station provides direct services to London with journeys taking just under two hours, and both Gloucester and Cheltenham.

The property is situated on the northern side of Barton Street, adjacent to the local Doctor's Surgery in a busy local shopping area serving the surrounding densely populated residential area.

Accommodation:

Ground Floor

Retail area: 21.40 sq m (230 sq ft)

Store: 14.28 sq m (154 sq ft)

Kitchen: 5.89 sq m (63 sq ft)

First Floor

Living/Dining Room: 4.36 m (max) x 3.56 m

Kitchen: 5.19 m x 1.96 m

Living Room: 7.43 m x 4.38 m

Second Floor

Bathroom: 2.79 m x 1.50 m

Bedroom 1: 2.79 m x 2.44 m

Bedroom 2: 3.96 m x 2.48 m

Bedroom 3: 3.79 m x 3.48 m

Hallway: 3.97 m x 1.49 m

Price:

£310,000

Rates:

The Rateable Value for the shop appearing on the Valuation Office Agency website is £1,975. The Rateable Value is due to increase to £3,450 on 1 st April 2023.

The flat is listed within Band A for Council Tax purposes.

Planning:

The ground floor has been used for retail which falls within Class E Of the Use Classes Order 1987. The residential flat falls within Class C3.

Terms:

For Sale by Private Treaty. The property is offered freehold subject to the occupational tenancies in place.

VAT:

The property is not elected for VAT purposes and therefore it will not be applicable on the purchase price.

Legal costs:

Each party to bear their own legal costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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