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212-212A Hewlett Rd 891 sq ft Vacant Retail Property Cheltenham GL52 6UJ £250,000 (£280.58/sq ft)



INVESTMENT HIGHLIGHTS
- Two Shops & One 1 Bed Flat Above
- In need of Modernization
- Estimated rental income £25k PA
- A5 Takeway & Hairdressing Saloon
- Adjoining occupiers include Tesco Express
EXECUTIVE SUMMARY
Sold with Vacant Possession. Guide Price £250k.
The premises comprise of a corner brick two storey property which benefits from Double Glazing and UPVC guttering. The property is being sold in need of modernisation as the first-floor flat is in need of work. The Takeway kitchen is still operational. The property is located at the end of Hewlett Road at the junction with Mersey Road. The property is a corner property with Tesco Express being an adjoining occupier.
ACCOMMODATION (measured on a net internal area):
Hairdressing Saloon (212a) - Total Area Shop = 29.85 Sq M
Takeaway (212) - Total Takeway Area = 52.95 Sq M
The premises comprise of a corner brick two storey property which benefits from Double Glazing and UPVC guttering. The property is being sold in need of modernisation as the first-floor flat is in need of work. The Takeway kitchen is still operational. The property is located at the end of Hewlett Road at the junction with Mersey Road. The property is a corner property with Tesco Express being an adjoining occupier.
ACCOMMODATION (measured on a net internal area):
Hairdressing Saloon (212a) - Total Area Shop = 29.85 Sq M
Takeaway (212) - Total Takeway Area = 52.95 Sq M
PROPERTY FACTS Sale Pending
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
891 sq ft
Costar Property Class
C
Year Built
1960
Price
£250,000
Price per sq ft
£280.58
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.25
Total Plot Size
0.08 ac
1 1
NEARBY MAJOR RETAILERS
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212-212A Hewlett Rd
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