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5 bed house
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Our Summary
- Potential For Significant Further Rental Growth
- One apartment would benefit from updating, offering scope for future rental growth
- A rare opportunity to acquire a substantial and fully let mixed-use investment in the heart of this charming Cotswold market town, offering a blend of commercial and residential income and excellent long-term investment potential
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Description
The property is a Grade II Listed building located on Long Street in Wotton-under-Edge, with a prominent position in the town. It occupies three floors, with two ground-floor commercial units and four residential apartments. The commercial units are let on five-year lease terms, while the residential apartments are occupied under periodic tenancy agreements and managed by an independent letting agent.
The property is connected to mains electricity, water, drainage, and electric heating. The residential apartments are in Stroud District Council Tax Band A, and the commercial units qualify for Small Business Rate Relief. The property has a shared courtyard with a gated passageway, providing access to the residential accommodation via stairs and bin storage area.