Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
A freehold Grade II listed property comprising of 6 x one bedroom flats (one flat has been sold off on long lease). The flats are in good decorative order through out, but could potentially benefit from some modernisation.
There is asset management potential to increase the passing rent (subject to negotiation) or run a serviced apartment buisness (subject to the existing leases) , there is also break up potential to modernise the building and sell the flats off separately. There is a unconverted space to the rear of the property with water and power connection that has further development/ conversion potential (subject to the requisite consents)
The property is located in the affluent and prosperous Spa Town of Cheltenham which is a popular tourist location.
Tenure
Freehold
Accommodation
Please refer to Accommodation and Tenancy schedule
Tenancy
Please refer to Accommodation and Tenancy schedule
Please note the tenant at Flat 4 has served notice to vacate which will happen between exchange and completion
Rent
Notes
Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.
Please note the tenant at Flat 4 has served notice to vacate which will happen between exchange and completion