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Retail and Residential Investment Property in Gloucester GL1

95-97 Barton Street, Gloucester, GL1 4HR
For sale
£175,000
ASH-Chartered-Surveyors
This property is marketed by:
ASH Chartered Surveyors

Freehold Mid-Terrace Retail and Flats Property Investment For Sale in Gloucester

Description

The property is a mid-terrace three storey building of brick elevations under a pitched tiled roof with a single storey section to the rear. 

The ground floor is occupied by a barber and there is a self-contained two-bedroom flat on the upper floors. The shop has a fully glazed frontage.

Tenancies

The retail unit is let to Richmondway Contracts Ltd for 5 years from 1 April 2023 at a rent of £575 per month, payable in advance, with a rent review in March 2025. The tenant must keep the interior and any inventory items clean and in good condition.. The landlord remains responsible for insuring the property and maintaining the structure and key services.

The flat is let on an Assured Shorthold Tenancy at a rent of £800 per month.

Energy Performance Certificate - An EPC is being prepared for the shop, the flat has a Rating of C-69.

Approx Size

113.76 Sq.M (1,224 Sq.Ft)

Location

The property is situated on the northern side of Barton Street, close to its junction with Charles Street, in a busy local shopping area serving the surrounding densely populated residential area. In addition, it is a short distance from Trier Way, which forms part of the inner ring road.

Gloucester is well connected to the motorway network, being served by three junctions of the M5; junction 11 provides access via the A40 (3 miles), junction12 to the south (5 miles) and junction 11a (3 miles) connects to the Brockworth Bypass, Cirencester/Swindon and the M4 motorway at junction 15 (34 miles).


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