Office for sale in 69-70 High Street, Tewkesbury GL20

Tewkesbury is an historic market town located in North Gloucestershire, situated approximately 10 miles to the North of Cheltenham and Gloucester, 48 miles North of Bristol, 45 miles South of Birmingham and 105 miles North West of London. The town’s excellent road communications (J9 M5 is 2 miles distant) and attractive working environment have attracted major companies, retailers, and restaurateurs alike.

The premises are located at the northern end of Tewkesbury’s High Street opposite the renowned Black Bear pub and close to King John’s Bridge that spans the River Avon.

A pair of Grade II Listed Buildings which for many years have been used as solicitors offices. Originally two dwellings dating from the first half of the 19th century, the buildings interconnect to provide traditional solicitors offices together with external outbuildings used for storage and a good sized rear car park accessed from Oldbury Road.

Three outbuilding plus Secure Deeds store.
Two separate entrance doors from High Street.
Range of period features.
Oil fired central heating.

The property was converted many years ago to office accommodation with the main entrance being through 69 High Street and a separate entrance door for 70 High Street leading to a private alleyway. To the rear, there is a gravelled car park capable of garden or parking use together with the three outbuildings.

The current use of the buildings is Class E (formerly A2/B1 professional offices). Planning and Listed Building consents have been obtained for conversion to change of use to a mixture of seven 1,2 and 3 bedroom flats with conversion of outbuildings to provide two dwellings. Planning Reference Numbers: 9/00686/ful and 19/00687/lbc. The consents are dated 19th June 2023. Further information available upon request. Layout plans overleaf.

Subject to Contract
The property is offered for sale subject to the existing tenancy. The tenant is sl Tewkesbury Limited and the lease is granted for a term of four years from 21st February 2024. The rent payable is £27,000 per annum and the lease is excluded from the Security of Tenure Provisions of the Landlord & Tenant Act 1954.

Either the landlord or the tenant has the right to terminate the lease at anytime after 20th June 2024 subject to giving not less than 6 months notice thereof in writing to the other party.

Offers based on £400,000 are invited for the freehold interest subject to the tenancy granted.

The property is not elected for VAT.