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Commercial Property for sale

76 / 78, Eastgate Street, Gloucester, GL1

Removed £500,000

Property Description

Full description

Tenure: Freehold

- Retail and Residential property investment - 4,049 sqft

- Upper floors now converted into 4 flats producing £550 pcm. Equating to £26,400 per annum.

- Income £12,500 per annum from ground floor retail unit let by lease for a term of 10 years from May 2014.

Total Income - £38,900 per annum.

The property comprises a 3-storey building which was constructed in 1998. The building is of brick construction with a pitched roof and having dormer and window roof lights on the top floor.

The property features a ground floor retail unit with glazed shop front façade. The upper floors now comprise four flats.

The property is located on Eastgate Street and is a short distance away from the main pedestrianized shopping area of Gloucester. Brunswick Road and Clarence Street are only a few moments away and nearby retailers include Argos and Mecca Bingo.

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