2 bedroom property for sale
Key information
Property description & features
- Tenure: Freehold
- Shop with two bedroom maisonette above
- Popular village location
- Ideal versatile investment opportunity
- Freehold
- Chain free
The property comprises of the large frontage shop with store room to the rear, office and cloakroom conveniently located with parking to the front, the maisonette also benefits from a GARAGE and parking.
The two double bedroom maisonette is split over two floors and is ideal for a live in business opportunity or an investment, The property is currently achieving a rental return of £800.00 PCM, but once modernised a rental of £1000.00 PCM could be achieved.
There are a variety of business's on the parade to include pet shop, convenience store, hairdressers, Indian and Chinese takeaway, Janes Pantry and laundrette.
*Potential rental return is £1800 PCM ( approx.) based on paying the asking price would return a yield of 7.5% Gross*
Shop Floor - 9.32m x 4.85m (30'7 x 15'11) -
Store Room - 3.00m x 2.72m (9'10 x 8'11) -
Office - 3.53m x 1.75m (11'7 x 5'9) -
Maisonette -
Entrance Hall -
Kitchen/Dining Room - 3.45m x 2.87m (11'4 x 9'5) -
Lounge - 4.85m x 4.11m (15'11 x 13'6) -
Bedroom 1 - 4.85m x 4.11m (15'11 x 13'6) -
Bedroom 2 - 3.43m x 2.97m (11'3 x 9'9) -
Bathroom -
Outside - Glenville Parade is accessed via Hucclecote Road into a large free carpark, the front of the shops are pedestrianised.
There is a rear access which leads to the garage and parking area, rear exit door to shop and steps leading to the maisonette.
Services - Mains drainage and electricity
Rateable Value- £8400.00
Gloucester City Council tax band A
There is a maintenance fee of Circa £2200.00 PA ( approx.) Martin Slowe Property Services LTD.
Agents Note - The current lease for the shop expires in January 2025.
Tenure - Freehold
Property information from this agent
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Property reference 33484981. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Appleby's Estate Agents - Highnam.
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Broadband availability and predicted speed: obtained from Ofcom on April 12, 2022
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 12, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area
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