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Uley Road, Dursley, Gloucestershire

Sold STC £249,000

Property Description

Full description

EXCELLENT INVESTMENT OPPORTUNITY
Close to popular town centre - Architects Office and Hairdressers with new 10 year leases - Freehold of building - collecting ground rent for 3 flats - current tenancies not affected

EXCELLENT INVESTMENT OPPORTUNITY
CLOSE TO POPULAR TOWN CENTRE
ARCHITECTS OFFICE AND HAIRDRESSERS
WITH NEW 10 YEAR LEASES - FREEHOLD OF BUILDING
COLLECTING GROUND RENT FOR 3 FLATS
CURRENT TENANCIES NOT AFFECTED

Description - This Investment property situated on the edge of the popular market town of Dursley. The property is located on one of the main roads into the town. The town has a good range of local traders including banks and building societies, estate agents, Boots the chemist, restaurants and Sainsbury's supermarket. Situated on the outskirts of town the property was converted to flats and offices approximately 10 years ago, the 3 flats have been sold and are subject to paying ground rent and payment of share of buildings insurance and external maintenance. The Hairdressers and Architects office are currently subject to new 10 year leases with 5 year rent review clauses which we understand are about to be signed.

Accommodation - (Please note that our room sizes are quoted in metres to the nearest one hundredth of a metre on a wall to wall basis. The imperial equivalent (included in brackets) is only intended as an approximate guide).

Mode Hairdressers Ground Floor Salon - 9.1m x 6.6m (29'10" x 21'8") - Having two glazed display windows and glazed entrance hall, tiled flooring, lighting, electric panel radiator, built in cupboard.

Kitchen - 2m x 1.46m (6'7" x 4'9") - Having hot water storage tank.

Cloakroom - Having wash hand basin and wc.

Treatment Room - 2.5m x 2.17m (8'2" x 7'1") -

Elevation One Architects Office -

Main Office - 6.5m x 5.45m (21'4" x 17'11") - Having two glazed doors to front, three glazed windows, two electric panel radiators, built in store cupboard.

Store Room - 2.46m x 2.31m (8'1" x 7'7") -

Kitchen - Having base units, stainless steel single drain sink unit, electric water heater, electric panel radiator.

Cloakroom - Having low level wc and wash hand basin.

Externally - There is extensive tarmac parking area to the front of the property which is shared between the 2 units.

Agents Note - New leases are in the process of being signed.
Total rent of £15,600.00 per annum.
The leases are to include contribution towards external maintenance and buildings insurance.
We understand that £60 per calendar month is paid towards ground rents and buildings insurance.

Viewing - By appointment with the owner's sole agents as over.

MISREPRESENTATION ACT 1967. Messrs. Bennett Jones for themselves and for the Vendors of this property whose agents they are, give notice that: All statements contained in their particulars as to this property are made without responsibility on the part of the Agents or Vendors. None of the statements contained in their particulars as to this property is to be relied on as a statement or representation of fact. Any intending purchasers must satisfy himself by inspection or otherwise as to the correctness of the statements contained in these particulars. The Vendors do not make or give and neither the Agents nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property.


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