£800,000

Retail premises for sale

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Just added

Guide price

£800,000

(£220.93/sq. ft)

Retail premises for sale

Westgate Street, Gloucester GL1

3,621 sq. ft

Local area information

Property location

Nearby amenities

  • Edward Jenner School 0.2 miles
  • The King's School, Gloucester 0.2 miles
  • Gloucester 0.4 miles
  • Cheltenham Spa 6.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Gloucester to find out more about the local area.

Features and description

  • Recently refurbished
  • Located in the city centre
  • Close to Gloucester Cathedral
  • High Yielding
Location
The building is located on Westgate Street, in the city centre of Gloucester.
The street is pedestrianised and has a good mixture of independent and
national operators nearby including: McDonalds, The Works, kfc, Coventry
Building Society, Sense, Santander amongst others.
Gloucester Cathedral and The River Severn are both a short walk away from
the property.
Transport links for the property are good, with various bus routes available on
nearby streets, whilst Gloucester Station is approximately 450 metres away.

Description
The shop is arranged over ground floor only and is currently tenanted. The
HMO consists of 10 double bedrooms, 2 of which have their own demised W/C
and showers.
The ground floor has the kitchen, lounge and laundry room, with 4 bedrooms
and W/c’s on the first floor, 4 bedrooms and 1 W/C on the second floor, and 2
bedrooms and 1 W/C on the third floor.
The property also benefits from bike storage at the rear and a communal roof
terrace.
The property was refurbished approximately in 2023.

Price Offers in the region of £800,000 for the freehold interest.

Unit Tenant Use Size Lease start Lease end Reviews Breaks Rent
HMO Private individuals HMO 3,024 sq ft gia 02/09/2025 01/09/2026 N/A N/A £75,000
Shop Crystals UK Ltd Class E 597 sq ft NIA 23/09/2022 22/09/2028 5 yearly 23/09/2025 (Not served) £12,000
Total £87,000

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  1. Zoopla
  2. Commercial for sale
  3. Gloucestershire
  4. Gloucester
  5. Westgate Street