RESTAURANT AND RESIDENTIAL PROPERTY FOR SALE Tewkesbury PRICE REDUCTION 78 Church Street Tewkesbury GL20 5RX Ground Floor Restaurant 1,571 sq ft (145.95 sq m) Upper Floors Residential 1,761 sq ft (163.58 sq m) Basement 298 sq ft (27.72 sq m)
Attractive period property. Fully fitted restaurant including furniture. Spacious self-contained residential accommodation. Scope for further redevelopment.
78 Church Street, Tewkesbury, GL20 5RX Location Tewkesbury is an attractive and medieval market town which lies to the west of Tewkesbury Abbey which has its origins in the ninth century. Its busy town centre shopping and commercial area serves an expanding population in excess of 10,000 people. Adjacent occupiers include Prezzo, Orange and Lloyds Pharmacy.
create one or two additional self-contained residential units. Accommodation
Legal Costs
Area
Sq ft
Sq m
Each party is to be responsible for their own legal costs incurred in the transaction.
Ground Floor
1,571
145.95
Business Rates
First Floor
1,354
125.77
Second Floor
407
37.81
Basement
298
27.72
Interested parties should make their own enquiries to the Tewkesbury Borough Council to ascertain the exact rates and council tax currently chargeable, as a change in occupation may trigger an adjustment of the ratings assessment.
3,630
337.25
Planning We understand that the property currently benefits from an A3 planning consent and is for fully licenced restaurant use on the ground floor with consented residential use for the upper floors.
The property comprises of a substantial terraced period property configured over three floors with an additional basement. The ground floor comprises a fully fitted and operational restaurant, with access to the basement, which has previously been consented to be used as a bar or alternatively would provide additional storage. There is also a substantial and attractive rear garden. The upper floors are accessed via a separate entrance and stairwell from the front of the property and currently comprise of an attractive and spacious self-contained one bedroom flat on the first floor. There is additional residential accommodation on first and second floors which, subject to undertaking some minor works, could
The property is offered for sale freehold at a reduced quoting price of £395,000.
All measurements are approximate Gross Internal Areas.
Total
Description
Terms
All parties are recommended to undertake their own enquiries to Tewkesbury Borough Council to ascertain the precise planning consent. The property is Grade II Listed. Services We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
78 Church Street, Tewkesbury, GL20 5RX Energy Performance Certificate
Viewing Arrangements
The building has been awarded an Energy Performance Asset Rating of D (96).
For further information or to arrange an inspection, please contact the agents.
The Code for Leasing Business Premises in England and Wales 2007
Alder King Property Consultants
Please see www.leasingbusinesspremises.co.uk.
Brunswick House
Asbestos Regulations It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and/or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2012 (CAR 2012). The detection of asbestos and asbestos-related compounds is beyond the scope of Alder King and accordingly we recommend you obtain advice from a specialist source. VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the implications before entering into any agreement. Subject to Contract Alder King LLP is a Limited Liability Partnership registered in England and Wales. No OC306796. Registered Office: Pembroke House, 15 Pembroke Road, Clifton, Bristol, BS8 3BA. A list of all Members is available at the registered office. Important Notice These particulars do not constitute any offer of contract and although they are believed to be correct, their accuracy cannot be guaranteed and they are expressly excluded from any contract.
Gloucester Business Park Gloucester GL3 4AA
www.alderking.com Vicki Grimshaw
John Hawkins
01452 627131
01452 627135
[email protected] [email protected] Ref: JH/SA/N84421 Date: March 2017