Sold Investment
Bath Road, Cheltenham £360,000
Property Features
Bath Road, Cheltenham, Gloucestershire, GL53 7JT
Contact Agent
12109_1101/103 Promenade
Cheltenham
Gloucestershire
GL50 1NW
Tel: 01242 222722
sales@charleslear.co.uk
About the Property
A fantastic opportunity to purchase an iconic business premises located in a prime position within the town. Comprising of a self contained retail unit with a prominent shop front on to the Bath Road and a generously proportioned two bedroom self contained apartment with its own access on Sandford Street.
Property Details
Description
Occupying the corner of Sandford Street and Bath Road, this substantial and iconic landmark building offers a prospective purchaser an excellent business opportunity to generate two revenue sources from a retail premise and a self-contained apartment. The building is offered in excellent condition and has also had the benefit of a new roof. The ground floor retail unit which has a unique and prominent shop front on Bath Road presently has A1 use.
•Fantastic investment opportunity presently utilised as a ground floor retail unit with a two bedroom self-contained apartment above
•Retail premises extending to 87sq.m. comprising of sales area, two offices, kitchen, cloakroom and store
•Spacious first floor apartment with separate access off Sandford Street comprising of an open plan kitchen/dining/sitting room with a modern kitchen area with breakfast bar
•Main bedroom with an en-suite shower room
•Second bedroom and bathroom fitted with white sanitary ware
•Excellent town centre location close to other established businesses
Situation
In a prime, central established retail and residential area, this fantastic building is located within walking distance of the High Street, Promenade, Montpellier and Bath Road. Cheltenham is highly respected for its selection of bespoke independent businesses and it also has a reputation for having an excellent selection of schools, many of which are centrally located within the town and are also within walking distance. The building forms part of a terrace of other established businesses including two public houses, a general convenience store, hairdressers and a takeaway sandwich bar.
General Information
The two properties have separate central heating boilers but have a joint water meter, mains water, gas, electricity and drainage.
Cheltenham Borough Council: 01242 262626.
Business Rates Payable: £2,553.20pa. (2019/2020).
Council Tax Band: (A) - £1,211.10pa. (2020/2021).
VIEWINGS
Strictly by prior appointment through the sole agents, Charles Lear & Co. on 01242 222722.
