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G1, G2, G3 & G4 The Sun Mews, The Waterloo, Cirencester, GL7 2PZ

  • Auction
  • Lot 85
  • United Kingdom
  • Retail
  • Commercial

Invited Opening Bid£115,000

Property Summary

  • Freehold retail investment
  • Two shops let, two shops vacant
  • Town centre location
  • Opportunities to enhance income
  • Current rent £12,326.05 per annum (annualised)
  • On the instructions of M D W Hardy and M Swiers of Sanderson Weatherall LLP acting as Joint LPA Receivers

Contact Us

Simon Bailey
Simon Bailey
Property Agent, here to help.
Mehar Patel
Vendor's Solicitor

Contact Us

Simon Bailey
Simon Bailey
Property Agent, here to help.
Mehar Patel
Vendor's Solicitor

Downloads

Description

The property comprises four adjoining ground floor retail units forming part of a larger three storey building of traditional stone construction.

Location

The market town of Cirencester is located on the River Chum, 20 miles south-east of Gloucester, 17 miles south-east of Cheltenham and 16 miles north-west of Swindon.

The property is situated in the heart of the town centre, on the east side of Waterloo Road, that also has pedestrian access from Market Place to the south.  Nearby occupiers along Market Place include TSB, Barclays and NatWest.

Tenancy

Please refer to legal documents

Planning

Cotswold District Council (01285 623000) www.cotswold.gov.uk

Tenure

Freehold

Property Table

UnitAccommodationTenantTenancyCommencement DateRent £pa
G1

Sales 18.91 sq m (204 sq ft)

Ancillary 

Individual t/a Buzz BarbersTenancy at will (1) (2) (3)Refer to legal pack£7,825.60
G2Sales 35.96 sq m (387 sq ft)Vacant   
G3Sales 18.62 sq m (200 sq ft)Vacant   
G4Sales 8.04 sq m (86.60 sq ft)Individual t/a a taxi companyTenancy at will (1) (2) (3)Refer to legal pack

£4,500.45

First/second floorResidentialIndividualsThree 125 year leases (refer to legal pack)  
TOTAL    £12,326.05

(1) The rents have been annualised.
(2) The rent will accrue and fall due on a daily rate.
(3) There is a mutual option to break at any time without notice.

VAT

Please refer to Legal Documents

EPC Details

Refer to the legal pack

Helpful links

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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