78 DYER STREET, CIRENCESTER, GLOUCESTERSHIRE, GL7 2PF

 

A unique opportunity to acquire an investment property comprising ground floor A1 retail premises
with a 2 bedroom residential flat above


78 Dyer Street

Ground Floor Retail N.I.F.A. approx 265 sq.ft.

With

2 Bed Residential Flat Above

Currently producing £13,900 p.a. gross

FREEHOLD FOR SALE BY PRIVATE TREATY

GUIDE PRICE: £225,000

LOCATION
78 Dyer Street is situated in the heart of Cirencester only a short walk from the Market Place and the plethora of shops it has to offer. Located adjacent to one of the main public highways leading out of the town the ground floor retail premises benefits from a high level of visibility from passing traffic.     


DESCRIPTION

Located within a terrace of residential and commercial properties the building is constructed of rendered dressed rubble stone under a pitched tiled roof. Accommodation is arranged over three floors with a self-contained ground floor commercial unit offering approx N.I.F.A. 265sq.ft and a 2 bed residential apartment above. With frontage onto Dyer Street the ground floor premises also have the benefit of Cat 2 & spot lighting, electric heating, an independent toilet and kitchen plus courtyard garden. The flat above is arranged over 3 floors offering a fitted kitchen with cream shaker style base units plus integrated oven and gas hob. A well proportioned sitting room presented in neutral colours is situated to the front, leading onto the bathroom comprising a three piece white suite with shower over bath. A staircase leads to the second floor with double bedroom and good natural light provided by a period sash window. A further staircase leads to the second double bedroom located in the attic, with exposed wooden beams. 

GENERAL INFORMATION

Lease Terms:
Ground Floor
                Term: 3 years from 15th March 2011.
                Rent: £5,500 per annum exclusive.
                Break Option: Tenant only on second anniversary.  
                Repairs: Internal repairing and insuring, the tenant is also responsible for upkeep of the
                shop window.


First & Second Floor
                Let on an Assured Short-hold Tenancy for a period of 6 months from March 2011.
                Rent: £700.00 per calendar month, furnished.  


GUIDE PRICE

£225,000


V.A.T.

V.A.T. is not payable


78 Dyer Street 78 Dyer Street

 

78 Dyer Street

OUTGOINGS
Council Tax Band ‘A’
Rateable Value (Ground Floor): £ 4,100.00


SERVICES
Gas, mains water, electricity and drainage are connected to the premises. Telephone subject to BT transfer regulations.


LEGAL COSTS
Each party to bear their own legal costs.


VIEWING
Strictly by prior appointment through the agents Moore Allen & Innocent  (01285) 648104.


LOCAL AUTHORITY
Cotswold District Council, Trinity Road, Cirencester, Gloucestershire, GL7 1PX. Tel: (01285) 623000.  


Plan not to scale
plan

EPC

Moore Allen & Innocent for themselves and for the vendors or lessors of this property whose agents they are give notice that:

  1. the particulars are set out as a general outline only for the guidance of intending purchaser or lessees, and do not constitute, nor constitute part of, an offer or contract;
  2. all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;
  3. no person in the employment of Moore Allen & Innocent has any authority to make or give any representation or warranty whatsoever in relation to this property.