Retail Property (High Street) For sale

Location

Winchcombe is situated in the heart of the Cotswolds, a designated Area of Outstanding Natural Beauty. It's nestled in a valley surrounded by rolling hills and is known for its stunning rural landscapes. Located 7 miles north-east of Cheltenham and 8 miles from Broadway - Winchcombe offers numerous attractions, including tea rooms, quaint shops, and traditional Cotswold stone buildings. The town's streets are lined with picturesque cottages, making it a delightful place for a leisurely stroll.

Description

The property extends 78.24m² (844 ft²) and comprises a ground floor retail space suitable for a variety of uses such as office space, professional services or arts and crafts. The space is light and airy with the benefit of large shop front windows and a continued Cotswold feel internally, it also benefits a self contained kitchen and WC with a small storage area to the rear. Further storage available in the basement.

Accommodation

Main Office: 62.75 m² (675ft²)
Kitchen: 4.48m² (48ft²)
Storage: 1.07m² (11ft²)
WC 1.10m² (12ft²)
Basement 11.08m² (119ft²)

Tenure

The property is offered to the market as a part or whole purchase. Presently the ground floor demise is vacant with an anticipated rental being in the region of £14,000 per annum based on an Internal Repairing and Insuring Lease to include the shop frontage. The Ground Floor title is offered to the open market for a value of £230,000. The Residential demise above is also available for purchase/rent on a Long Leasehold and is marketed separately at a value of £185,000 for the Long Leasehold & offered to the rental market in the region of £950 pcm. All offers are Subject to Contract and Without Prejudice.

Business Rates

Business Rates: £12,000

Qualifying businesses with a rateable value of £12,000 or below currently get 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier. Enquire at www.wychavon.gov.uk for more details.

EPC

The property has an active EPC of C.

Services

It is understood that electric, water and foul water drainage are connected to the property. All interested parties are advised to make their own enquiries with the suppliers to ensure continuity of supply. The Ground Rent currently reflects £150 per annum.

Legal Costs

Each party will be responsible for their own legal costs associated with the property.

Viewing

To arrange a viewing please contact the commercial Team on commercial@sheldonbosleyknight.co.uk or 01386 765700

Important Notes

We are required by HMRC to conduct anti-money laundering checks on all parties with an interest in the property and accordingly we will require forms of identification in due course. Particulars: These Particulars do not constitute an offer or contract and should not be relied upon as being factually accurate, the photographs show only part of the property and the areas, measurements and distances given are approximately only. A buyer or a lessee must make their own enquiries or inspections and should not solely rely on these Particulars or other statements by Sheldon Bosley Knight. VAT: The VAT position relating to the property may change without notice.