Acquired
Tewkesbury – Vacant Shop
Unit 2, 26/29 High Street, Tewkesbury, Gloucestershire GL20 5ATFreehold Vacant Retail Investment
Investment Consideration
- ERV: £20,000 GIY: 5.71%
- Comprises ground floor shop with ancillary accommodation at first floor
- Total area size 298.45 sq m (3,212 sq ft)
- Rear service access via Smiths Lane
- Occupiers close by include Lloyds Bank, HSBC, Greggs, Barclays, M&Co and Poundland, amongst many more.
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises ground floor shop with ancillary accommodation at first floor. Please note there is no second floor.
The property provides the following accommodation and dimensions:
Gross Frontage 6.50 m (21' 4")
Net Frontage 5.90 m (19' 4")
Shop Depth 32.1 m (104' 11")
Built Depth 33.6 m (110' 3")
Ground Floor: 190.45 sq m (2,050 sq ft)
First Floor: 108.00 sq m (1,162 sq ft)
Total area size: 298.45 sq m (3,212 sq ft)
The property provides the following accommodation and dimensions:
Gross Frontage 6.50 m (21' 4")
Net Frontage 5.90 m (19' 4")
Shop Depth 32.1 m (104' 11")
Built Depth 33.6 m (110' 3")
Ground Floor: 190.45 sq m (2,050 sq ft)
First Floor: 108.00 sq m (1,162 sq ft)
Total area size: 298.45 sq m (3,212 sq ft)
Tenancy Description
The entire property is at present vacant. ERV: £20,000 per annum
Location Description
Tewkesbury is an attractive Gloucestershire market town, which is famous for its Abbey which generates all year round tourist trade. Tewkesbury is situated some 9 miles north of Gloucester and some 40 miles north-east of Bristol, immediately adjacent to Junction 9 of the M5 motorway, between the Cotswolds and Malvern Hills. Occupiers nearby include Lloyds Bank, HSBC, Greggs, Barclays, M&Co and Poundland amongst many others.