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2 bedroom property for sale

Glenville Parade, Hucclecote GL3
Chain-free
Sold STC
Property
2 beds
1 bath
Added > 14 days

Key information

TenureFreehold
Council taxBand A
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • Shop with two bedroom maisonette above
  • Popular village location
  • Ideal versatile investment opportunity
  • Freehold
  • Chain free
A Rarely available investment opportunity situated in popular Glenville Parade in Hucclecote.

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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About this agent

Appleby's Estate Agents - Highnam
Appleby's Estate Agents - Highnam
Unit 19.8 Highnam Business Centre Highnam, Gloucester GL2 8DN
01452 757827
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Appleby`s Estate Agents is a modern hybrid local family run business covering the whole of Gloucestershire.... Show more

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