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5 bedroom detached house for sale
Commercial Investment | £30K Pa
£190,000
Commercial Investment | £30K Pa
£190,000
Our Summary
- Hollis Morgan – MAY LIVE ONLINE AUCTION – A Freehold DETACHED COMMERCIAL INVESTMENT on RIVERSIDE PLOT ( 0
- 7a ) operating as CHINESE RESTAURANT producing £30k pa with scope for DEVELOPMENT stcFor Sale By Live Online Auction - ADDRESS | The White Horse, Sandhurst Lane Longhurst Lane, Sandhurst, GL2 9NGLot Number TBCThe Live Online Auction is on Wednesday 14th May 2025 @ 17:30Registration Deadline is on Monday 12th May 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”Guide Price Range - The vendors have issued a guide price range of £200,000 - £250,000The Property - A Freehold substantial detached commercial premises ( 3464 Sq Ft ) with large plot ( 0
- RIVERSIDE FAMILY HOMEThe property would suit conversion into a single dwelling with fantastic gardens subject to consents
- DEVELOPMENTThe large plot and existing buildings offer scope for a range of development opportunities subject to gaining the necessary consents
- FOR SALE BY ONLINE AUCTION
- MAY LIVE ONLINE AUCTION
Description
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Here is a summary of the property description in a single paragraph:
A freehold detached commercial property, operating as a Chinese restaurant, is available for sale by live online auction on May 14th, 2025. The property, situated on a 0.7-acre riverside plot, comprises 3,464 square feet of commercial space and a 5-bedroom flat on the first floor. The restaurant has a 21-year FRI lease with 3 years remaining, generating £30,000 per annum. The property offers scope for development, including conversion into a single dwelling or a range of other opportunities, subject to gaining necessary consents. Located in the village of Sandhurst, approximately two miles from Gloucester City Centre, the property benefits from a rural position with easy access to city amenities and commuter links.