ADDRESS4 Church Street, TETBURY, Gloucestershire, GL8
TENUREBusiness for sale, Investment Opportunity, For Sale Freehold
POSTED ON24th February 2021
The property is part C17 terrace built of rubble stone elevations under a Cotswold Stone tiled roof.
Internally, the retail sales area is spread across the ground floor of 3 and 4 Church Street. The sales area is well suited to boutique and high quality independent retail.
The property comprises an external pathway to an attractive courtyard garden and a single storey residential property with patio doors.
The whole Property is currently occupied entirely by the tenant. The first-floor accommodation is split with a small section separately accessed off the roof terrace and the main entrance beyond leading to a series of rooms with windows overlooking the Market House.
The upper parts are classified as in residential use and no planning has been sought to alter this. The maisonette benefits from 4 double bedrooms.
Investment income of £42,000pa on a new 5 year FRI Lease
Tenant is prepared to sign into a new occupational tenancy at a rent of £42,000pa for a term of 5 years. Other terms are to be agreed with purchaser.