£350,000
(£190.74/sq. ft)
Retail premises for sale38 London Road, Gloucester GL1
1,835 sq. ft
EPC Rating: C
About this property
Potential to reconfigure the upper floors.
Price: Offers in the region of £350,000.
Total property size: 170.82 m2 (1,835 ft2).
Total Rental Income: £18,000 per annum.
End terrace building fronting the London Road and is of brick construction under a pitched tiled roof.
The front section is three floors and there is a two-storey extension to the rear.
The self-contained retail unit on the ground floor has a fully glazed frontage
Access to the flat is provided at the rear of the building.
The property is not Listed but falls within a Conservation Area.
The shop is let until 1st July 2027 and used as a hair and beauty salon.
The flat is let on an Assured Shorthold Tenancy.
The property is an end terrace building fronting the London Road and is of brick construction under a pitched tiled roof. The front section is three floors and there is a two-storey extension to the rear.
The accommodation includes a self-contained retail unit on the ground floor with fully glazed frontage and a 3-bedroom floor above. Access is provided to the upper floors from the rear.
Location
Gloucester is the commercial and administrative hub of Gloucestershire, with a resident population of approximately 132,416 (2021 Census). The city lies 9 miles west of Cheltenham, 35 miles north of Bristol, 55 miles south of Birmingham, and 100 miles west of London. It has excellent motorway connectivity, with access via Junctions 11,11A and 12 of the M5, and Junction 15 of the M4 at Swindon, linked by the A417/A419 trunk road.
The property is situated in a prominent position on the London Road in a mixed residential and commercial area, within walking distance from Gloucester Railway Station, and the town centre. Neighbouring occupiers include a Tesco Convenience Store and range of local retailers.
Mortgage calculator
£1,750 per month
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