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£150,000
4 bed Commercial
1 / 4
Price:
£150,000 Get Prequalified Today
Contact:
01179 736565
BR/BA:
4 BR
Location:
Gloucester, Glous
Description:
For Sale by Auction - Large vacant freehold premises with five residential rooms above a 1000 sq ft commercial unit - capable of producing circa 25k pa. (WITHDRAWN FROM MARCH 28TH AUCTION)
FOR SALE BY AUCTION
(WITHDRAWN FROM MARCH 28TH AUCTION)
28th March 2012
All Saints Church Pembroke Road, Clifton, Bristol BS8 2HY
Legal packs will be available for inspection from 18:00.
The sale will begin promptly at 19:00.
VIEWINGS
Viewings by appointment with Alder King Gloucester.
JOHN HAWKINS MRICS
Associate
Tel: 01452 627135
www.alderking.com
LEGAL PACKS
Mr Michael Belben
Bond Pearce
3 Temple Quay
Temple Back East
Bristol
BS1 6DZ
(click to respond)
0845 415 0000
ONLINE LEGAL PACKS
Please visit our website www.hollismorgan.co.uk and follow the RED links Download Legal Packs
For the first visit you will be required to register simply with your email and a password.
Having set up you account you can download legal packs or register to receive them if not yet available. You will also automatically be updated if any new information is added.
REPOSSESSION SALE
Upon instructions of Joint LPA Receivers
THE PROPERTY
A Grade II listed property providing accommodation arranged over four floors. The ground floor has previously been used as a beauty salon whilst the upper floors comprise five self contained rooms previously let on individual AST's.
ACCOMODATION
The ground floor comprises a net internal floor area of 100.64 Sq M (1083 Sq Ft). (All measurements are approximate net internal areas)
INCOME POTENTIAL
Whilst the property is sold without the benefit of any income there is potential for income to be generated once tenanted.
POTENTIAL ANNUAL INCOME
GROUND FLOOR COMMERCIAL AND UPPER FLOORS
We are informed property of this opportunity has potential to produce income of up to 25,000 per annum gross.
RENTAL VALUATIONS
We would strongly recommend that potential purchasers make their own enquiries with regards the suggested rental incomes and any changes to the building that are necessary in order to accommodate the aforementioned potential tenants.
LOCATION
Worcester Street is located to the North East of Gloucester main retail centre within close proximity of Gloucester Cathedral and the railway and bus stations.
It provides easy access to the Bruton Way ring road which in turn provides access to Junction 11A of M5 which is approximately four miles away.
Worcester Street comprises contains a mix of occupiers, who are mainly retailers mixed with office and other business.
SERVICES
We are advised that mains electricity, water, drainage and gas are connected to the premises.
TENURE
Freehold - Please refer to online legal pack.
BUYERS PREMIUM
Please be aware all purchasers are subject to a 250 + VAT buyers premium payable upon exchange of contracts.
CHARITY OF YEAR
Hollis Morgan are supporting St Peters Hospice as the 2012 Charity of the year. We are delighted to announce than 10% of every buyers premium will be donated to this excellent local charity. For further details on their outstanding work in the community please visit www.stpetershospice.org.uk.
AUCION BUYERS GUIDE
Available to download via our purpose built property website
AUCTION FINANCE
Some properties may require specialist auction finance- please contact Hollis Morgan for access to expert advice and whole of market rates.
The Property Misdescriptions Act 1991
Although we endeavour to ensure the accuracy of property details produced and displayed, we have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are connected, in working order or fit for the purpose. Neither have we had sight of the legal documents to verify the Freehold or Leasehold status of any property. A Buyer is advised to obtain verification from their solicitor and/or surveyor. A Buyer must check the availability of any property and make an appointment to view before embarking on any journey to see a property. Room measurements should not be relied upon for carpets and curtains. References to the Tenure of a Property and Management Company Details are based on information supplied by the Seller. The Agent has not had sight of the title documents. A buyer is advised to obtain verification from their solicitor.
Property Type:
Commercial & Office Space for Sale
Sq feet:
1,083 sq. ft.
For sale by:
Agent/Broker
Phone:
01179 736565
Posted:
Contact:
01179 736565
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Let me know if you have any questions. – Hollis Morgan
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More About this Listing: 4 bed Commercial
4 bed Commercial is a Four Bedroom Commercial Property for Sale in Gloucester GLS. Find other listings like 4 bed Commercial by searching Oodle Marketplace for Four Bedroom Commercial Property for Sale in Gloucester GLS.
4 bed Commercial is a Four Bedroom Commercial Property for Sale in Gloucester GLS. Find other listings like 4 bed Commercial by searching Oodle Marketplace for Four Bedroom Commercial Property for Sale in Gloucester GLS.