*** SOLD @ FEBRUARY LIVE ONLINE AUCTION *** GUIDE PRICE £160,000 +++ SOLD @ £165,000 ADDRESS | 49-51 Northgate Street, Gloucester GL1 2AJ Lot Number 10 The Live Online Auction is on Wednesday 12th February 2025 @ 17:30 Registration Deadline is on Monday 10th February 2025 @ 16:00 The 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” On this occasion the vendors will NOT be considering pre auction offers. A Freehold commercial premises with accommodation ( 1468 Sq Ft ) arranged over 3 floors comprising ground floor trading position and ancillary space on the upper floors. We understand the ground floor was most recently occupied as a betting shop. Sold with vacant possession. Tenure - Freehold EPC - F Utilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal Pack RESIDENTIAL DEVELOPMENT The layout of the upper floors will lend itself to the creation of 2 self contained 1 / 2 bedroom flats or a 3 bedroom maisonette with independent access already in place from the front of the property. Please note we understand no planning of this nature has been previously sought and interested parties will need to make their own investigations. Subject to gaining the necessary consents. COMMERCIAL INVESTMENT If the upper floors were to be converted then the ground floor has scope for an excellent investment with independent ancillary area and bathroom facilities already in place. We also understand there is a grant scheme in place by Gloucester Council to upgrade and renovate the shop front. Rebekah Hill VWV Solicitors t: 0117 9252020 [email protected] www.vwv.co.uk EXTENDED COMPLETION Completion is set for 8 weeks or earlier subject to mutual consent. We have been informed by our client’s solicitors that the legal pack for this lot is now complete. Should any last minute addendums occur you will be automatically notified by email. If the vendors have indicated they are willing to consider pre-auction offers, now is the time to submit your offer by completing the pre-auction offer form.