Warren Gorse Mews, Cricklade Street, Cirencester, GL7

Cirencester Sales & Lettings are delighted to market this fantastic FREEHOLD investment opportunity consisting of a GROUND FLOOR RETAIL UNIT and TWO BEDROOM APARTMENT above. Sold with an ongoing commercial lease and residential tenant in situ. A rare opportunity in the heart of Cirencester.

Entrance to the two bedroom apartment is via Warrens Gorse Mews in Cricklade Street with stairs leading to the front door.

The Kitchen has a range of wall and base units and laminate worktops, oven and hob with space for washing machine and fridge.

The bright and airy lounge overlooks the mews below and is a generous size.

The Bathroom is fitted with a white bathroom suite with shower over the bath.

Bedroom 1 is a double bedroom and also houses the airing cupboard whilst bedroom 2 is also good size double.

There will be a tenant in situ from the 3rd April 2023 on a 12 month tenancy in the apartment paying £785 pcm.

The ground floor retail unit has been occupied for approximately 10 years and operates as a laundry and dry cleaning business, who are one of the leading dry cleaning services in the region.

Commercial lease details are as follows; term: 5yrs. Signed on 1 July 2019 and due to expire 30 June 2024, this was an extension to a previous 5 year lease so the business will have been present for over 10yr.
Commencement date: 1st July 2019
Passing rent: £1,500 pcm
Rent review: No, set for the term.
Services: None included all chargeable separately. Benefits from electric and water supplies.



















AMENITIES: -

Cirencester in Gloucestershire - known as the Capital of the Cotswolds. A beautiful market town with regular markets held on a Monday and a Friday that really do bring the town to life. Most Saturdays there are various markets including the local Farmers Market which is held on the 2nd and 4 Saturday of the month where you can find a fabulous selection of locally sourced produce.

Independent shops are abundant and in particular a visit to Black Jack Street is a must, an incredibly pretty street located at the back of the historic church which boasts various little shops including a chocolate shop, sweet shop, bakery, cafes, waffle shop and clothes shops. At one end of this lovely little street, you can find the Corinium Museum which has a wealth of information pertaining to the towns history.

Cirencester is also proud to be the home of the Barn Theatre. A wonderful bespoke Theatre which has various productions throughout the year.

Cirencester has excellent schools and nurseries, sixth form college and is also home to the Royal Agricultural University.

For the active there are numerous sports facilities available within the town, Cirencester Leisure Centre and various gyms. Cirencester Park is open to the public for glorious walks and is also home to Cirencester Tennis and Cricket clubs. If you love golf Cirencester has a long-established golf course just a few minutes' drive away. Just outside Cirencester you can find the Water Park at South Cerney, providing excellent water sports from jet skiing, canoeing, paddle boarding the list is endless. There are also many fabulous walks around the lakes with various cafes providing a much-needed pit stop.

Located between Swindon and Gloucester Cirencester has great links to the M4 and M5.

Kemble train station is just an 11-minute drive from Cirencester and is located on the Cheltenham-Swindon-London line providing great links to the Midlands, the North, the Southwest and London.

https://cirencester.gov.uk/


Council Tax Band: A (Cotswold District Council)
Tenure: Freehold