Retail premises for sale in Silver Street, Dursley GL11

Opportunity to invest in two town centre commercial units which are currently let to established tenants. Total space measuring approximately 140 square metres and accommodation comprises of two ground floor shops, further useable space on both first and second floors, two WCs, shower room, kitchen areas and rear access. Purchase includes freehold of the whole building. Energy Rating C.

Situation

The premises are situated in Silver Street in the centre of Dursley and ideally situated for passing footfall. The town facilities include Sainsburys and Iceland supermarkets along with a range of local traders, library, swimming pool and sports hall. Dursley is well placed for travel to the larger centres of Gloucester, Bristol and Cheltenham via the A38 and M5/M4 motorway network.

Accommodation

(Please note that our room sizes are quoted in metres to the nearest one hundredth of a metre on a wall to wall basis. The imperial equivalent (included in brackets) is only intended as an approximate guide).

Unit One

Main Shop (7.59m x 4.94m (24'10" x 16'2"))

Vinyl flooring, glazed windows and door onto Silver Street.

Stairs To Mezzanine Area

Wash basin, vinyl flooring.

Room Two (3.77m x 2.90m (extending to 3.81m) (12'4" x 9'6" ()

Wood effect flooring, part wood panelled walls.

Shower Room

Wood effect flooring, shower cubicle.

Stairs To Upper Floor

Room Three (3.65m x 3.89m (extending to 5.09m) (11'11" x 12'9")

Carpeted flooring, storage cupboard, base unit with sink, water heater and rear access door.

Wc

WC and wash basin.

Unit Two

Shop Front (5.52m x 4.77m (18'1" x 15'7"))

Vinyl tiled flooring, glazed windows and front door with ramp access onto Silver Street.

Kitchen (6.10m x 4.73m (20'0" x 15'6"))

Separate from shop front with partition wall, tiled flooring, part tiled walls, two sinks

Side Passage

Corridor between the two units and providing rear access and rear entry to Unit 1 and flats above.

Wc

WC, wash basin

Room Four

Large storage room accessed from passageway.

Agents Notes

Purchase includes freehold of the whole building

Unit 1
Current lease runs until 2029 at annual rent of £9,000 with review to £9,600 from 2026
Rateable Value £5,300
Energy Rating C
Occupied as a barbershop

Unit 2
Current lease runs until 2030 at annual rent of £7,800 with review to £9,000 from 2024
Rateable Value £5,200
Energy Rating C
Occupied as a delicatessen

Financial Services

We may offer prospective purchasers' financial advice in order to assist the progress of the sale. Bennett Jones Partnership introduces only to Kingsbridge Independent Mortgage Advice and if so, may be paid an introductory commission which averages £128.00.

Viewing

By appointment with the owner's sole agents as over.