Commercial property for sale in High Street, Tewkesbury, Gloucestershire GL20
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Freehold
- Grade II Listed building in prime retail location
- Fri Lease to Savers Health and Beauty Limited for a term of 5 years
- Rental of £25,500 per annum
- Price £325,000 ex VAT, representing a Net Initial Yield of 7.6% after costs.
- Sale will be treated as a togc
- EPC rating C
Property description
The property is located in the historic riverside town of Tewkesbury in the county of Gloucestershire, situated 14 miles north of Gloucester and 16 miles south of Worcester.
Tewkesbury is accessible via road and benefits from proximity to motorway junctions, with junction 9 of the M5 situated 1.9 miles distant. The town is also served by direct train services to Worcester, Gloucester, Cheltenham and Birmingham, and indirect services to London Paddington.
The property is located on High Street in the heart of the town's retail centre. It is neighboured by established occupiers including Gregg's, Dominos, Coffee No 1, Peacocks, Mountain Warehouse, kfc, Boots, Lloyds Bank, wh Smith, Costa Coffee, as well as a number of independent retail and hospitality businesses.
The property comprises a four-storey Grade II Listed period building offering retail frontage to the ground floor, and vacant accommodation to the first, second and third floors.
Freehold
Grade II Listed building in prime retail location
Fri Lease to Savers Health and Beauty Limited for a term of 5 years
Rental of £25,500 per annum
Price £325,000 ex VAT, representing a Net Initial Yield of 7.6% after costs.
Sale will be treated as a togc
EPC rating C
Retail investment opportunity - retail premises in Tewkesbury
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Fisher German LLP, WR3 on +44 1905 946900 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Fisher German LLP, and do not constitute property particulars. Please contact Fisher German LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
.png){kind=logo}