A commercial and residential demise in the heart of the Cotswolds, benefitting from an attractive frontage and Class E use. This Grade 2 listed property is situated in the heart of Winchcombe's town centre and near to all local, retail, leisure and cultural amenities.
The property extends 78.24m² (844 ft²) and comprises a ground floor retail space suitable for a variety of uses such as office space, professional services or arts and crafts. The space is light and airy with the benefit of large shop front windows and a continued Cotswold feel internally, it also benefits a self contained kitchen and WC with a small storage area to the rear. Further storage available in the basement.
The first floor flat comprises an entrance hall with staircase up to the first floor, spacious living room area, a beautifully presented modern kitchen with appliances included, one double bedroom with fitted wardrobes and a bathroom with a shower-over-bath, wash basin and WC.
Location
Winchcombe is situated in the heart of the Cotswolds, a designated Area of Outstanding Natural Beauty. It's nestled in a valley surrounded by rolling hills and is known for its stunning rural landscapes. Located 7 miles north-east of Cheltenham and 8 miles from Broadway - Winchcombe offers numerous attractions, including tea rooms, quaint shops, and traditional Cotswold stone buildings. The town's streets are lined with picturesque cottages, making it a delightful place for a leisurely stroll.
Accommodation
Commercial:
Main Office: 62.75 m² (675ft²)
Kitchen: 4.48m² (48ft²)
Storage: 1.07m² (11ft²)
WC 1.10m² (12ft²)
Basement 11.08m² (119ft²)
Residential:
Living Room: 18.31 m² (197 ft²)
Kitchen: 11.28 m² (121 ft²)
Bedroom: 13.89 m² (149 ft²)
Bathroom: 5.10 m² (54 ft²)
Terms
Investment - The property is offered to the market as a part or whole purchase. Presently the ground floor demise is vacant with an anticipated rental being in the region of £14,000 per annum based on an Internal Repairing and Insuring Lease to include the shop frontage.
The Residential demise is also available for purchase on a Long Leasehold and is marketed separately at a value of £185,000 for the Long Leasehold. The Flat is currently let on an Assured-Shorthold Tenancy for 12 months from 25/11/2024 for a rental value of £950 PCM. All offers are Subject to Contract and Without Prejudice.
Tenure - The titles are split under Long-Lease titles and allocated accordingly.
Commercial: 999 years from and including 4 August 2023 and to and including 3 August 3022.
Residential: 999 years from and including 10 October 2022 and to and including 9 October 3022
Business Rates - Business Rates: £12,000
Qualifying businesses with a rateable value of £12,000 or below currently get 100% relief. This relief will decrease on a sliding scale for rateable values between £12,000 to £15,000. In addition, such businesses will have their bill calculated using the small business rates non-domestic rates multiplier. Enquire at for more details.
Epc - Commercial: 55 C
Residential: 42 E
Services - It is understood that electric, water and foul water drainage are connected to the property. All interested parties are advised to make their own enquiries with the suppliers to ensure continuity of supply. The Ground Rent currently reflects £150 per annum.
Legal Costs - Each party will be responsible for their own legal costs associated with the property.
Specification
- Mixed-Use Investment Available For Sale
- Beautiful Cotswold Location
- Business Rates: £12,000
- Estimated Passing Rental: £25,400 per annum
- Suitable For A Variety Of Retail Uses
- Net Internal Area: 78.24m² (844 ft²)