Glenville Parade, Hucclecote, Gloucester, 2 bedroom, Investment

For Sale £285,000

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A Rarely available investment opportunity situated in popular Glenville Parade in Hucclecote. The property comprises of the large frontage shop with store room to the rear, office and cloakroom conveniently located with parking to the front, the maisonette also benefits from a GARAGE and parking. The two double bedroom maisonette is split over two floors and is ideal for a live in business opportunity or an investment, The property is currently achieving a rental return of £800.00 PCM, but once modernised a rental of £1000.00 PCM could be achieved. There are a variety of business's on the parade to include pet shop, convenience store, hairdressers, Indian and Chinese takeaway, Janes Pantry and laundrette. ***Potential rental return is £1800 PCM ( approx.) based on paying the asking price would return a yield of 7.5% Gross***

Shop Floor (9.32m x 4.85m)

Store Room (3.00m x 2.72m)

Office (3.53m x 1.75m)

Maisonette

Entrance Hall

Kitchen/Dining Room (3.45m x 2.87m)

Lounge (4.85m x 4.11m)

Bedroom 1 (4.85m x 4.11m)

Bedroom 2 (3.43m x 2.97m)

Bathroom

OUTSIDE

Glenville Parade is accessed via Hucclecote Road into a large free carpark, the front of the shops are pedestrianised.
There is a rear access which leads to the garage and parking area, rear exit door to shop and steps leading to the maisonette.

Services

Mains drainage and electricity
Rateable Value- £8400.00
Gloucester City Council tax band A
There is a maintenance fee of Circa £2200.00 PA ( approx.) Martin Slowe Property Services LTD.

Agents note

The current lease for the shop expires in January 2025.

Tenure

Freehold

SHOP WITH TWO BEDROOM MAISONETTE ABOVE
POPULAR VILLAGE LOCATION
IDEAL VERSATILE INVESTMENT OPPORTUNITY
FREEHOLD
CHAIN FREE

Floorplan for Glenville Parade, Hucclecote, Gloucester

Glenville Parade, Hucclecote, Gloucester