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Long Street, Wotton-Under-Edge

Description

Mixed residential and commercial investment property with potential for the flat and shop to be purchased separately. Attractive Grade two listed building in the centre of this thriving Cotswold town. Shop with floor area of approx 1200 sq ft, currently let on a new full repairing and insuring lease, enclosed rear garden. Large two bedroom first floor flat, hall, large lounge, kitchen, two bedrooms, bathroom. potential rental of £20,500 pa

Situation - This mixed residential commercial property occupies a superb position in the heart of the historic Cotswold town of Wotton-Under-Edge. The town has a vibrant high street which offers a variety of independent retailers, supermarket, cafés and pubs and leisure facilities including a cinema. The popular Katherine Lady Berkeley school is on the outskirts of the town and the M5 motorway junction 14 at Falfield is a ten minute drive.

Description - This mixed residential and commercial investment property is situated in this excellent central position with a good size shop of approximately 1200 square feet and a large two bedroom first floor flat. The vendor would consider selling the units separately. The freehold of this attractive Grade ll listed building is being offered in the centre of this thriving Cotswold town. The shop is currently let on a new five year full repairing and insuring lease and there is an enclosed rear garden that is part of the shop. In addition there is a good sized two bedroom first floor flat, with hall, large lounge, kitchen, large main bedroom, further single bedroom, bathroom. The property has potential rental income of £20,500 per annum.

The 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).

Shop 48B -

Retail Area - 7.57m x 6.04m (24'10" x 19'9") - Private side entrance to store leading to inner retail area with triple front window onto main shopping street.

Addition Retail Area - 3.35m x 2.54m (10'11" x 8'3") -

Office - 2.17m x 2.11m (7'1" x 6'11") -

Kitchen - 3.77m x 1.5m (12'4" x 4'11") - Range of base units with single stainless steel sink unit with drainer.

Hallway/Store - 7.00m x 3.11m narrowing to 2.71m (22'11" x 10'2" n -

Cloakroom - Wash basin and low level w/c

Externally - Enclosed rear garden.

Flat 48A -

Hallway/Landing - Front door is reached from the side access which is shared with the shop. The front door opens to stairs leading to a landing with access to loft space and a night storage heater.

Sitting Room - 5.52m x 4.07 (18'1" x 13'4") - Exposed beams and georgian sash window to the front. Night storage heater.

Kitchen - 2.92m x 2.89m (9'6" x 9'5") - Range of base and wall units with laminated work surface. Stainless stainless steel sink, built in oven, electric hob cooker with extractor hood over and plumbing for washing machine. Window to the rear.

Bedroom One - 5.25m x4.16m (17'2" x13'7" ) - Georgian sash window overlooking high street.

Bedroom Two - 3.35m x 2.54m (10'11" x 8'3") - Having windows to rear.

Bathroom - Low level w/c, hand wash basin, bath with mixer shower tap over. Airing cupboard housing hot water storage tank.

Agent Notes - Tenure: Freehold
Grade ll listed
Services: mains electricity, water and drainage are connected.
Flat Council Tax Band: B
Shop Rateable value £8,900.00 p.a.
Shop lease Term 5 years from 15th Sept 2026 to 14th Sept 2031
Break clause, 2.5 years from 15th Sept 2026 (15.03.2029)
If sold separately:-
Flat asking price £175,000 currently vacant, rental value £900.00 p.c.m.
Shop market value £120,000 currently let to Loving Home for £9480 p.a.

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

Financial Services - We may offer prospective purchasers' financial advice in order to assist the progress of the sale. Bennett Jones Partnership introduces only to Kingsbridge Independent Mortgage Advice and if so, may be paid an introductory commission which averages £128.00.



Brochures

Long Street, Wotton-Under-EdgeBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Long Street, Wotton-Under-Edge

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Affordability

Monthly repayments£1,383
Property: £ 275,000
Deposit: £ 27,500
Interest rate: 5.35%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Bennett Jones, Dursley

31 Parsonage Street, Dursley, Gloucestershire, GL11 4BW
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Welcome to Bennett Jones Partnership. Whether you’re buying, selling or letting, we are here to provide you with professional advice. Our comprehensive local knowledge is based on years of experience and you can be sure of a first-class, truly personal service from our two local offices.

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Disclaimer - Property reference 35009615. 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 Bennett Jones, Dursley. 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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