Land for sale

27 Gloucester Road - GL10

£375,000

Property Description

Commercial information

  • Business for sale

Key features

  • Large detached freehold property
  • Currently trading as a 52 reg nursery generating a rental income of 24,000 per annum
  • Would suit nursery operator potential to increase reg to 75+ or residential development
  • Viewing recommended to appreciate the possibilities and potential use

Full description

Tenure: Freehold

DESCRIPTION
This is an excellent opportunity to acquire a detached, fully renovated property with excellent scope to develop into additional opportunities. Previously a detached 2 story pub, the vendor has totally renovated the property to a high standard with many aspects.

Currently the building is leased to a children’s nursery provider with a current annual income of £24,000 plus vat.

The building was previously a public house and offered accommodation, therefore the renovation was completed with the potential to revert the building into a substantial family home with the potential to have 6 bedrooms.

Additionally the property offers an excellent investment opportunity to developers wishing to convert the property into start up offices or flats.

Additional business opportunities possible would include

? Children’s Day Nursery
? Flats
? Large family home
? Offices
? Small Care Home
? Public house
? Small hotel/BB

All of the above would require planning approval.

The property is located on the main road through Stonehouse on route into Gloucester, the property represents an excellent potential for a developer or investor to acquire and immediately gain an income.

Viewing is highly recommended but strictly by appointment only due to the nature of the current business.



Sales
Currently the property is leased to a nursery at an annual rental of £24,000 plus vat per annum.

Building External
The substantial and commanding detached former public house has been sympathetically renovated and extensively refurbished to an exceptionally high standard. The property is constructed of brick and render with a slate/tiled roof, covering two floors, with the added benefit of fully dry cellars offering additional scope for space.

The property also benefits from its own private car park located to the side of the property with additional parking to the front along the roadside.


TENURE
We are advised that the property is freehold

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.



SUMMARY
This is an extremely rare opportunity to purchase what is arguably one of the best investment properties in the area, offering an immense range of possibilities and development ideas with a sound structure.

Viewings are highly recommended to appreciate the potential but are strictly by appointment only due to the nature of the current operating business.


Building Internal
GROUND FLOOR
The ground floor of this property now provides numerous open plan spacious rooms and includes a Pre School room, activity hall, soft play/sensory room, library/quiet room, toddler play room, baby room and a staff room/office.

FIRST FLOOR
Located to the first floor of the property is a well presented 2 bedroom flat which comprises 2 double bedrooms, a lounge, office and breakfast kitchen.

We are advised by the vendors that there is outline planning permission to extend, providing f further 2 bedroom flat.


Nearest stations

  • Stonehouse (0.3 mi)
  • Stroud (2.8 mi)
  • Cam & Dursley (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Redwoods Dowling Kerr

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399201 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stonehouse (0.3 mi)
  • Stroud (2.8 mi)
  • Cam & Dursley (4.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Redwoods Dowling Kerr

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399201 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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