66 High Street Tewkesbury Gloucestershire GL20 5BJ

66 High Street
Tewkesbury
Gloucestershire
GL20 5BJ

Freehold Bar/Nightclub and Residential Investment

  • Bar/Nightclub offered with Vacant Possession
  • Five Residential Flats on Uppers let on ASTs (one offered with Vacant Possession)
  • High Street Location in Historic Town
  • Asset Management/Development Opportunities (subject to consents)
  • Lot
    78
  • Auction
    23rd October 2014
  • Rent
    £19,320 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Sector
    Leisure
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the Instructions of a Major Fund Manager
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "guide" can be found here

Freehold Bar/Nightclub and Residential Investment

  • Bar/Nightclub offered with Vacant Possession
  • Five Residential Flats on Uppers let on ASTs (one offered with Vacant Possession)
  • High Street Location in Historic Town
  • Asset Management/Development Opportunities (subject to consents)
  • Lot 78
  • Auction 23rd October 2014
  • Rent
  • Status Withdrawn Post
  • Price  
  • Sector
    Leisure
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    London W1K 2HP
  • On the Instructions of a Major Fund Manager

Property Information

Location
Miles
10 miles north of Cheltenham 13.6 miles north of Gloucester
Roads
A46, A438, M5 (Junction 9)
Rail
Ashchurch for Tewkesbury Rail
Air
Birmingham International Airport
Situation

The property is a Grade II Listed building situated in Tewkesbury town centre on the western side of the High Street, close to its junction with Mythe Road (A38) and just north of the main retailing pitch. Nearby occupiers include Boots Chemist, Costa Coffee and Subway

Tenure

Freehold.

Location
Miles
10 miles north of Cheltenham 13.6 miles north of Gloucester
Roads
A46, A438, M5 (Junction 9)
Rail
Ashchurch for Tewkesbury Rail
Air
Birmingham International Airport
Situation

The property is a Grade II Listed building situated in Tewkesbury town centre on the western side of the High Street, close to its junction with Mythe Road (A38) and just north of the main retailing pitch. Nearby occupiers include Boots Chemist, Costa Coffee and Subway

Tenure

Freehold.

Description

The property comprises a bar/nightclub over ground, basement and first floors with five residential flats on the upper floors, accessed from High Street. There is a garden area to the rear that leads down to the River Avon.

VAT

VAT is applicable to this lot.

Viewings

There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a bar/nightclub over ground, basement and first floors with five residential flats on the upper floors, accessed from High Street. There is a garden area to the rear that leads down to the River Avon.

VAT

VAT is applicable to this lot.

Viewings

There will be a block viewing for this property. Interested parties must register their details with the Auctioneers and provide identification on site. Please contact Gwen Thomas. Tel: +44 (0)20 7034 4857

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Reversions
66 High
Street
Ground
First
Basement
Bar/Nightclub
Bar/Nightclub
-
464.50 sq m
158.90 sq m
Not accessed
(5,000 sq ft)
(1,710 sq ft)
Not accessed
VACANT POSSESSION (1)      
Flat 1 - Residential
-
-
INDIVIDUAL AST from 02/10/2009 £4,632 (2)
Flat 2 - Residential
-
-
VACANT POSSESSION (3)      
Flat 3 - Residential
-
-
INDIVIDUAL AST from 23/02/2011 £4,536 (2)
Flat 4 - Residential
-
-
INDIVIDUAL AST from 22/11/2012 £5,052 21/11/2014
Flat 5 - Residential
-
-
INDIVIDUAL AST from 09/10/2012 £5,100 (2)
Total Commercial Floor Area
623.40 sq m
(6,710 sq ft)
    £19,320 with 6,710 sq ft and 1 residential flat
offered with vacant possession

(1) Please note that due to the Grade II Listing, no empty rates are currently payable by the Landlord.
(2)The tenants for flats 1, 3 and 5 are currently holding over. Their Assured Shorthold Tenancies are terminable at any time upon giving
one month’s notice.
(3)Flat 2 is currently in a shell condition.

Property Documents

  • Catalogue Page
    Updated Date
    01.10.14
    File Size
    612 KB
    View PDF
  • Site Plan
    Updated Date
    01.10.14
    File Size
    69 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Henry WilkinsonHenry Wilkinson +44 (0)20 7034 4861 Henry.wilkinson@acuitus.co.uk
Seller's Solicitors
Eversheds LLP 1 Callaghan Square
Cardiff
CF10 5BT
029 2046 4347
David Farmer 029 2047 7887davidfarmer@eversheds.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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