79, Southgate Street, Gloucester Docks, GL1 1UB
SOLD, £275,000


THE PROPERTY

An imposing Freehold mixed use property occupying a commanding position overlooking Gloucester Quays, arranged over 3 floors with 2766 Sq Ft of accommodation comprising;

Ground Floor Restaurant ( A3 ) with large bar area, kitchen and 3 bathrooms ( 1462 Sq Ft )
A well presented self contained 3 bedroom maisonette with lounge, separate kitchen and bathroom.

Sold with vacant possession.

LOCATION

The £400 Million Gloucester Quays, which is within a short walk of the property, is one of the largest and most ambitious regeneration developments in the UK. Ideally located to serve the M5 corridor from Bristol to Birmingham, it offers a unique architectural waterside setting complemented by attractive bars, restaurants and cafes.

THE OPPORTUNITY

INVESTMENT

The property is sold with vacant possession but we understand the following income is achievable

Restaurant - £12,000 per annum
3 Bed Maisonette - £350 per room pcm ( 12,600 per annum )

TOTAL £24,600

DEVELOPMENT

The property could be converted into a 6 + Bedroom HMO residential investment property.
Potential for B1 business center
Scope to add another floor.
All subject to gaining the necessary consents.

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