An End of Terrace Mixed Use Building Offered With Planning Permission for Demolition of the Existing Building and Erection of a Retail Unit with a 21 Bedroom HMO.

The property comprises a two storey end of terrace commercial building. The property is unmodernised and will be demolished prior to the redevelopment.

Tenure

Freehold

Location

The property is situated on a mixed use road in the heart of Gloucester city centre. There are numerous green open spaces within easy reach. Transport links are provided by Gloucester rail station which is a short walk away.

Planning

Gloucester City Council granted the following planning permission (ref: 22/00258/FUL) on 23rd May 2022: 'Demolition of the existing buildings and erection of a building to provide a retail unit at ground floor with 5 no. Houses in Multiple Occupation (providing 21 bedrooms) on the first, second and third floors, and altered vehicular access (revised application pursuant to ref. 21/00564/FUL).'

Proposed Accommodation

Ground Floor Retail space to the front (213 sq m) Ground & First Floors 8 units (sizes vary between 21-26 sq m with 2 communal areas) Second & Third Floors 13 units (sizes vary between 21-26 sq m and 2 communal areas)

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.