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New Road, Moreton in Marsh

Offers Over
£1,100,000

Business rates & charges may apply

Peter Clarke & Co LLP, Stratford-Upon-Avon
SIZE

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SECTOR

Commercial property for sale

Key features

  • Substantial former hotel
  • G.I.A. 3,755 sq.ft. inc cellar
  • Town centre investment
  • Company sale via Delabere House Ltd
  • Owner occupier / AirBnB / long or short lets
  • Valuable passive income
  • Stylish refurbishment
  • 4 studios, 1 x 4 bed duplex / 1 x 2 bed apartment
  • Direct train to London from adjacent station
  • Vacant possession, ready to create income

Description

A substantial period stone and brick former hotel having been extensively refurbished and remodelled to provide six exceptional letting units. Thought entirely suitable for owner occupiers and investors seeking valuable passive income via long or short term lets/holiday let/AirBnB. The property comprises 6 units including four ground floor studios, one 2 bedroom first floor apartment and one 4 bedroom duplex apartment. Located in the heart of this historic Cotswold market town, the property is adjacent to the railway station, which has direct trains to London, and has elegant period features including flagstone floors, sash windows, fireplaces, exposed beams and excellent ceiling heights, plus new kitchens, bathrooms, carpets, decorations, brushed steel sockets and the majority of the units with replacement column style radiators. With vacant possession, it is ready to create excellent income, projected rents available.

Accommodation -

The Studios - Entering the property through the front door leads to a

Flagstone Entrance Hall - with a fuse box, meters cupboard and large airing cupboard with Cyclone hot water tank serving the studios.

Studio One (Left Hand Side) - All the studios have bright spacious bed/sitting rooms with excellent new kitchens and bathrooms, tiling and decorations. This unit has a handsome fireplace and new fitted Kitchen with stainless steel sink, tiled splashbacks, fridge, dishwasher, oven, hob, hood and in this one, a peninsular breakfast bar unit. En Suite Shower Room, newly fitted with white suite of wc, pedestal wash hand basin and oversized shower and screen.

Studio Two (Right Hand Side) - As before, including En Suite Shower Room, attractive original fitted shelves.

Studio Three (Rear Left Hand Side) - with a glazed door to it's own gated courtyard garden to front. En Suite Shower Room.

Studio Four (Rear Right Hand Side) - As before, but with Separate Fitted Cloakroom, and Separate Shower Room with oversized shower, screen and wash hand basin to fitted cupboard. New Worcester boiler (behind the panel).

First Floor - An external staircase with under stairs meters and fuse box cupboard, leads up to a PIR lit "Porch". Off to the left is the unit known as,

The Gallery - Entrance hall with fuse box cupboard, boiler cupboard incorporating Glow Worm combi boiler, large Kitchen/Sitting/Dining Room including appliances as before, bookcases, exposed beams. Bedroom 1 with exposed beams. Adjoining Shower Room as before. Bedroom 2 with wardrobes and off the first floor is a pull down ladder leading to Raised Mezzanine, which is carpeted, decorated and very useful extra space.

The Minstrels - Kitchen as before, open to superb Sitting/Dining Room with minstrel style gallery over, exposed beams, useful under stairs store cupboard, part shelved. Shower Room with good sized shower cubicle. Two Bedrooms and further two second floor Bedrooms with Bathroom having freestanding tub, wc, wash hand basin and tiled floor.

Outside - The shared approach to the rear courtyard has recently been completely gravelled. There are three allocated parking spaces, external sockets, salt bin and gated metal stairs leading down to the Cellar.

General Information -

TENURE: The property is understood to be freehold and is sold via the company, Delabere House Ltd. This should be checked by your solicitor before exchange of contracts.

SERVICES: We have been advised by the vendor that mains electricity, gas, water and drainage are connected to the property. However this should be checked by your solicitor before exchange of contracts. Gas central heating via three boilers.

RIGHTS OF WAY: The property is sold subject to and with the benefit of any rights of way, easements, wayleaves, covenants or restrictions etc. as may exist over same whether mentioned herein or not.

COUNCIL TAX: To be re-assessed as either Council Tax or Business Rates.

CURRENT ENERGY PERFORMANCE CERTIFICATE RATING: A full copy of the EPC is available at the office if required.

AGENTS DECLARATION: In accordance with legislation, the Agent wishes to declare and make prospective buyers aware that a partner of Peter Clarke & Co. LLP is related to the directors of Delabere House Ltd. If any further information is required please do not hesitate to connect the Agent's office. We also recommend independent advice is sought if required.

VIEWING: By Prior Appointment with the selling agent.

Brochures

New Road, Moreton in Marsh

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Moreton-in-Marsh Station0.1 miles

Notes

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Disclaimer - Property reference 32963891. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Peter Clarke & Co LLP, Stratford-Upon-Avon. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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