Book a Property Valuation

Church Street, Newent

Price £249,950

Commercial Property

Overview

Commercial Property for sale in Church Street, Newent

Key Features:

  • Investment/Business Opportunity
  • Pub/Office/Shop & Residential Accommodation
  • Versatile Shop Front/Offices
  • Two 1 Bedroom Self Contained Flats
  • Located in the Thriving Historic Market Town Of Newent

** NO STAMP DUTY ** GRADE II LISTED RARELY AVAILABLE INVESTMENT OPPORTUNITY. VERY WELL PRESENTED and Versatile PUB/SHOP/OFFICE and RESIDENTIAL ACCOMMODATION located in the THRIVING HISTORIC MARKET TOWN OF NEWENT. RENTAL INCOME £19,440 PER ANNUM (BUSINESS UNAFFECTED)

Ground Floor Pub Area - 8.26m x 5.23m (27'01 x 17'02) - Via shop entrance to bar/restaurant area, internal door to:

Inner Hallway -

Snug - 4.52m x 1.91m (14'10 x 6'03) -

Wc - Separate Male and Female WC's.

Cellar Room - 3.25m x 3.07m (10'08 x 10'01) - Small kitchen area.

Rear Saloon - 5.84m x 3.58m (19'02 x 11'09) - Via the Inner Hallway, own access to the outside.

First Floor Flat - Separate bedroom, lounge, kitchen and shower room, exposed beams, night storage heating.

Second Floor Flat - Comprising lounge, separate bedroom, kitchen and shower room.

Planning - We understand the property currently has A1, A2 and B1 use although other uses could be suitable subject to the necessary consents.

Agents Notes - The ground floor business premises and two flats generate a total income of £19,440 per annnum.

1. Cobblers Pub £10,260 per annum and is leased to March 2022. (BUSINESS UNAFFECTED)

2. First floor flat £4,560 per annum

3. Second floor flat £4,620 per annum

Services - Mains water, electricity, gas and drainage.

Rateable Value - Cobblers - Approximately £7,350 per annum.
Flats are council tax band A.

Water Rates - Severn Trent

Local Authority - Council Tax Band: A
Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.

Tenure - Freehold.

Viewing - Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required. Office Opening Hours 8.30am - 7.00pm Monday to Friday, 9.00am - 5.30pm Saturday.

Directions - From Newent office proceed along the High Street, into Broad Street and then into Church Street where the property can be found on the right hand side.

Property Surveys - Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys)

Awaiting Vendor Approval - These details are yet to be approved by the vendor. Please contact the office for verified details.

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OPENING HOURS: Monday to Friday 8.30am to 7pm, Saturday 9am to 5.30pm

Newent Office
4 High Street
Newent
Gloucestershire
GL18 1AN

Sales
Tel:
01531 820844
newent@stevegooch.co.uk

Lettings
Tel:
01531 822829
lettings@stevegooch.co.uk

Coleford Office
1 High Street
Coleford
Gloucestershire
GL16 8HA

Tel: 01594 835566
coleford@stevegooch.co.uk

Mitcheldean Office
The Cross
Mitcheldean
Gloucestershire
GL17 0BP

Tel: 01594 542535
mitcheldean@stevegooch.co.uk

Gloucester Office
27 Windsor Drive
Tuffley
Gloucester
GL4 0QL

Tel: 01452 505566
gloucester@stevegooch.co.uk