Commercial Property for sale in Church Street, Newent
- 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.