3-5 Broad St

3,974 SF Office Building Newent GL18 1AQ $844,090 ($212.40/SF)

INVESTMENT HIGHLIGHTS

  • A Grade II Listed building dating from the 17th Century
  • Located in an expanding country market town
  • Allocated parking to the rear of the property
  • Recently been refurbished to a high standard
  • Close to a range of local amenities provided in the immediate area

EXECUTIVE SUMMARY

The property is a Grade II Listed building dating from the 17th Century with later additions. It has brick elevations with ashlar render under a tiled roof. It has recently been refurbished to a high standard throughout and a range of original features have been retained such as exposed beams, original panelling and sash windows. It has been fully re-wired, and a new gas heating system has been installed.
There is a self-contained retail unit in the ground and first floor of No. 3, and a 6-bedroom HMO occupies the remainder of the accommodation.
The HMO accommodation includes 6 fully furnished double bedrooms, 2 with en-suite facilities and separate office/dressing area, a fully fitted kitchen with range of Neff appliances, separate dining/utility area and communal lounge. There is also a downstairs toilet and family sized bathroom with 3-piece suite with electric shower over the bath. The furniture is HMO-specific supplied by Fusion Furniture.
The retail unit benefits from a fully glazed frontage and includes ancillary space at first floor level. Ashton & Daniels have been established for over 40 years and trade from 3 locations in the Forest of Dean area. They contribute £400 per annum towards the upkeep and maintenance of the communal areas.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
3,974 SF
Building Class
B
Year Built
1600
Price
$844,090
Price Per SF
$212.40
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,325 SF
Parking
4 Spaces (1.01 Spaces per 1,000 SF Leased)

AMENITIES

  • Car Charging Station
  • Listing ID: 33769695

  • Date on Market: 11/6/2024

  • Last Updated:

  • Address: 3-5 Broad St, Newent GL18 1AQ