Retail/Residential Investment Opportunity, 3-5 Broad Street, Newent, GL18 1AQ

Description
The property is a Grade II Listed building dating from the 17th Century with later additions. It has brick elevations with ashlar render under a tiled roof.

It has recently been refurbished to a high standard throughout and a range of original features have been retained such as exposed beams, original paneling and sash windows. It has been fully re-wired, and a new gas heating system has been installed.

There is a self-contained retail unit in the ground and first floor of No. 3, and a 7-bedroom HMO occupies the remainder of the accommodation.

The HMO accommodation includes 7 fully furnished double bedrooms, 2 with en-suite facilities and separate office/dressing area, a fully fitted kitchen with range of Neff appliances, separate dining/utility area and communal lounge. There is also a downstairs toilet and family sized bathroom with 3-piece suite with electric shower over the bath. The furniture is HMO-specific supplied by Fusion Furniture.

The retail unit benefits from a fully glazed frontage and includes ancillary space at first floor level.

Location
Newent is an expanding country market town with a population of approximately 5,500, situated approximately 10 miles north-west of Gloucester, off the B4215 Gloucester to M50 road which by-passes the town. Junction 3 of the M50 Motorway, which links to Ross-on-Wye and South Wales and to the M5 and national motorway network, is approximately 3 miles to the west of the town.

The property is located in a prominent town centre location on Broad Street, which is the main thoroughfare through the town. There are a range of local amenities provided in the immediate area and the town’s main public car park is a short distance away. There is allocated parking to the rear of the property with electric car charger and enclosed garden.