247 Property Services

13 Grosvenors Street, Cheltenham, Gloucestershire, GL52 2SQ

  • Conditional Online Auction Sale
  • Guide Price * : £73,000 Plus fees

On Behalf of Century 21

  • Ground Floor and Basement Unit
  • Currently Tenanted
  • Rental income of £8,400 per annum.

Property Description

On Behalf of Century 21

Commercial Unit for Sale

Grosvenor Street is located in the Cheltenham’s commercial district, adjacent to Regent Arcade, and a short walk to the High Street.

The available accommodation is situated on the ground floor and basement of 13 Grosvenor Street.
Approximate measurements and Net Internal Floor Areas

Ground floor
Entrance Floor – 2.78 x 1.85 m = 5.14 m2
Waiting Room – 3.00 x 2.70 m = 8.61 m2
Kitchen – 4.5 x 6.24 m = 14.58 m2

Lower ground floor
Storeroom – 2.91 x 4.49 m = 13.06 m2
Storeroom – 2.32 x 3.03 m = 7.02 m2

Main entrance to hallway with access to ground floor and stairs leading to basement. Ground floor comprises a kitchen and a reception area. The basement comprises a bathroom and a storage area.

There is a lease term of 999 years from 18/7/08. The Property is being sold subject to an occupational lease to 10/9/2025. There is a rental income of £8,400 per annum.

See Legal Pack

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our SDL Auctions website.

Viewing Details

By arrangement with the auctioneer 0345 319 2162.

Energy Performance Certificates

EPCs can be viewed in the Related Documents section on our SDL Auctions website or in the legal pack.

Auction Type: Conditional with Reservation Fee

Every online bidder must first create an account via the SDL Auctions website, in the online auction section. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and will have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period, the seller is not able to accept other offers.

The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer.

By placing a bid, you are authorising the auctioneer to sign the reservation contract on your behalf.

Full terms and conditions are available on the SDL Auctions website.

Joint Agent

Century 21

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Joint Agent

For viewings please contact:
Century 21
01242 572085

Legal Documents

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