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Agent's details

15 and 17, Broad Street, Newent, Gloucestershire, GL18 1AQ

For sale: £375,000.00|General Retail, Other, Residential, Retail, Other Property Types & Opportunities

Property details

FOR SALE£375,000.00
ADDRESS15 and 17, Broad Street, Newent, Gloucestershire, GL18 1AQ
TYPEGeneral Retail, Other, Residential, Retail, Other Property Types & Opportunities
TENUREFor Sale Freehold
POSTED ON22nd September 2021

Description

Front Cover

MIXED USE INVESTMENT PROPERTY FOR SALE
NEWENT TOWN CENTRE
POTENTIAL RENTAL INCOME OF APPROXIMATELY £32,000 PA
PRIME LOCATION
GUIDE PRICE: £375,000

Location

Newent is an attractive and thriving unspoilt town with a range of attractions for shoppers and visitors. Many of the buildings date from the thirteenth Century and the centrepiece of the town is the Old Market Hall which was built in 1668. The town is approximately 10 miles from Gloucester 9 miles from Ledbury and just 4 miles to Junction 3 of the M50. Significant further residential expansion of the town if already underway.

Description

The grade II listed property enjoys a prominent town centre location offering excellent investment opportunity, briefly comprising: two sales shop premises; four flats; and a commercial premises subject to a 999 year leasehold with ground rent payable of £50 per annum. One of the sales shops is currently vacant and available to let.

Services

We have been advised that mains electricity, water and drainage are connected to the property. The Flats have electric heating. This information has not been checked with the respective service providers and interested parties may wish to make their own enquiries with the relevant local authority. No statement relating to services or appliances should be taken to infer that such items are in satisfactory working order and intending occupiers are advised to satisfy themselves where necessary.

Directions

The properties can be found in Broad Street Newent. Post Code: GL18 1AR.

Energy Perfomance Certificate

The EPC rating for this property TBC.

Viewing

By appointment to be made through the Commercial Department at the Agent's Ledbury Office, Tel 01531 634648 Option 3

General

Intending purchasers will be required to produce identification documentation and proof of funding in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017. More information can be made available upon request.

John Goodwin FRICS has made every effort to ensure that measurements and particulars are accurate however prospective purchasers/tenants must satisfy themselves by inspection or otherwise as to the accuracy of the information provided. No information with regard to planning use, structural integrity, tenure, availability/operation, business rates, services or appliances has been formerly verified and therefore prospective purchasers/tenants are requested to seek validation of all such matters prior to submitting a formal or informal intention to purchase/lease the property or enter into any contract.

Agents Notes

PLANNING Interested parties are advised to enquire of the local authority in order to establish that their required use of the premises will be permitted.

Tenure

We are advised (subject to legal verification) that the property is freehold, subject to the ongoing leases and tenancy agreements.

GUIDE PRICE: £375,000
( Agency Pilot Software Ref: 4784 )

Location

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Location: 15 and 17, Broad Street, Newent, Gloucestershire, GL18 1AQ

Ledbury (7.9 miles)

Gloucester (8.4 miles)

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