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Gloucestershire Business News

Gloucester - High Street, Tredworth

Description:

The property comprises a two-storey semi-detached building, occupying a corner position on the High Street and Morpeth Street.

Constructed from brick under a pitched and tiled roof the ground floor is a commercial unit and the first-floor separate residential occupation.

Epc: An EPC is to follow.

Location details:

Some 1 mile south of the city centre, the subject property is on the corner of High Street and Morpeth Street. In the immediate location are a mixture of small retail businesses and residential properties. Local commercial occupiers include Midcounties Co-Op, Post Office, William Hill bookmakers, launderette, hairdressers and various take away fast food shops.

Accommodation:

The ground floor is currently trading as a cafe with return frontage and a seating area with covers for 28. There is a kitchen with basic equipment including extraction, some of which needs updating. To the rear is an enclosed year with W.C.

There is gas fired central heating with a kitchen sited wall mounted Worcester combi boiler.

The upper floor is a self-contained 2 bed flat with access via Morpeth Street and held under a 99-year lease from June 1997

Terms:

The property is available on a freehold basis.

Quoting Price:

Offers are invited on an unconditional basis based on £60,000

Services:

Mains water, drainage, gas and electricity are connected to the property.

VAT:

There is no VAT to pay on the purchase price.

Planning:

The property has A3 use (restaurant) as per the Use Classes Order 1987.

Rating Information:

The 2015 Rating List describes the property as cafe and premises with a rateable value of £2,500

Legal Costs:

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

Contact:

52 Degrees North 

T: 01242 261424

E: office@52degreesnorth.co.uk 

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