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2 Severn Road, Gloucester, GL1 2LE

Lot no: 51 Sold at Auction for £180,000
 

Guide Price £130,000 - £140,000 plus fees


Thursday 23rd February 2017

11.00am
Key Features
  • A Freehold Investment Opportunity currently utilised as an Antiques Centre
  • with adjacent car parking situated in a Riverside position close to Gloucester City Centre and adjacent to the Historic Gloucester Docks.
  • EPC Rating: See legal pack.
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Sold at Auction for £180,000

Commercial Property

Property Description:

The property comprise a part single part two storey building together with certain adjoining car parking which is currently utilised as an antiques centre situated on a site extending in total to about 0.13 Acres (0.05 Ha) or thereabouts.
We are informed that the ground floor area extends to a floor area of the order 3,128 sq.ft (290.63 sq.m) and the first floor to an area of the 1,223 sq.ft (113.64 sq.m) but we have not undertaken a measured survey of the premises and all interested parties should seek their own verification as to floor areas and dimensions.

Tenure:

We understand that the property is Freehold and is being sold subject to the existing tenancy, Licence and any residual rights.
For further information in this regard and other matters, including details of a surface water drainage licence and any clawback provisions, please refer to the legal pack.

Tenancy Details:

We understand that the property was let on the basis of a lease which expired on 31st December 2016 together with a licence relative to certain adjoining parking spaces at a rent of £9,000 per annum and that presently the tenant is holding over.
For further details of the tenancy, a copy of the lease and licence and confirmation of the current rent passing please refer to the legal pack.

Location:

The Property is situated off Severn Road adjacent to the River Severn (East Channel) on the fringe of the Historic Gloucester Docks and within the Gloucester Docks Conservation Area close to Gloucester City Centre.

Town Planning:

The property is situated in Gloucester and any planning enquiries should be directed to Local Planning Authority, Gloucester City Council.
We would also note that the property is situated within the Gloucester Docks Conservation Area, but if the premises were to become vacant, they may have potential for alternative uses subject to obtaining any necessary planning permission or other consents.
Interested parties must make their own enquiries of the Local Planning Authority (Gloucester City Council) in respect of planning and independently satisfy themselves as to the suitability of the site for any use or development they propose.

Rights of Way, Wayleaves, Easements, Restrictive Covenants etc.:

The property is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants etc. which may exist whether mentioned in these particulars or not.

Plans & Aerial Photographs:

Any plans or aerial photographs provided with these particulars are for identification purposes only and their accuracy is not guaranteed.

Value Added Tax:

We are informed that VAT will be chargeable on the purchase price but for confirmation in this regard please refer to the legal pack.

Viewings:

External viewings only.

Tenure:

Freehold.