House for sale

Overview

CGT sales are pleased to present to the market this investment opportunity located in Cheltenham Town Centre at the beginning of the Bath Road and very close to Sainsbury's and just before the junction with Bath Street.The adjoining properties include a Public House and sandwich shop. DESCRIPTION The premises comprise of a two storey late Victorian building with open plan accommodation on both the Ground and First Floors. There are kitchen facilities on the Ground floor and lavatory facilities on the first floor. Planning consent was granted in 2021 for Change of Use ground floor to Sui Generis hot food takeaway, first floor to C3 dwelling and addition of new floor with C3 use. With regards to the plans for the property these are available on request. (Ref: 21/00862/COU) ACCOMMODATION (measured on a net internal area) EPC C69 Ground Floor 10.07m x 4.96m = 49.94 Sq M First Floor 9.05m x 4.8m = 43.44 Sq M Total Area 93.38 Sq M (1005 Sq Ft) Services - Mains Drainage, single phase electricity, water and telephone are available. LEASE - The property was let in July 2021 for a term of six years on an internal repairing and insuring lease at a rent of £20k pa. GUIDE PRICE - £365k (Vat is not payable)