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Agent's details

Units 1-7 Eriksons Business Centre, Former Service Station, GL20

For sale: £675,000.00|4,115 Sq Ft|Other, General Industrial, Leisure Property, Other Property Types & Opportunities, Industrial, Licensed & Leisure

Property details

FOR SALE£675,000.00
SIZE4,115 Sq Ft
ADDRESSUnits 1-7 Eriksons Business Centre, Former Service Station, Shuthonger, Tewkesbury, GL20 5EH
TYPEOther, General Industrial, Leisure Property, Other Property Types & Opportunities, Industrial, Licensed & Leisure
TENUREFor Sale Freehold
POSTED ON20th March 2025

Description

Key Points

  • Purchase price £675,000.
  • Total Annual Rental Income £64,000.
  • Total area extends to 0.263 hectares (0.649 acres).
  • Summary

    Prominent fully let Industrial Investment with a total current rental income of £64,000 per annum.

    Description

    The property has a long history with the car industry, originally established as a filling station and comprises a single storey building of brick construction under a pitched clad roof. The filling station canopy is still in situ and extends to circa 160.26 m2 (1,725 ft2).

    It has been subdivided, and the accommodation includes a car showroom, workshop and there is an external hand car wash at the front.
    There are parking and hard standing areas on all sides of the property and there are entrances from the A38 and Church End Lane.

    Location

    Tewkesbury is an historic town at the confluences of the Rivers Severn and Avon with a resident population of 94,900 (2021 Census) approximately 2½ miles west of Junction 9 of the M5 motorway. The M5 links to the M50 at Junction 8 (South Wales) 2½ miles to the north.

    The property is located within a rural location fronting the A38 at its junction with Church End Lane approximately 3 mile north from the centre of Tewkesbury and 1 mile south of Junction 1 of the M50.

    Availability_text

    The accommodation comprises the following areas:

    Location

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    Location: Units 1-7 Eriksons Business Centre, Former Service Station, Shuthonger, Tewkesbury, GL20 5EH

    Ashchurch for Tewkesbury (1.0 miles)

    Cheltenham Spa (7.2 miles)

    Gloucester (9.7 miles)

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