>
Property for sale
Shop & Four Flats
£475,000
Shop & Four Flats
£475,000
Price History
Initial price | £495,000 |
30/07/25 | £475,000 |
Price Change | -4.04% |
Description
This mixed-use property investment opportunity in Gloucester comprises a shop and four flats, all of which are currently let out, generating a total gross rental income of £53,400. The shop, on a long lease, is currently a barber shop and has a rental income of £1,200, while the four flats, accessed via Norfolk Street, have a combined rental income of £3,250. The property offers a total gross yield of 10.7% at the asking price, making it an attractive turnkey investment opportunity. Situated opposite Gloucester Quays on Southgate Street, the property benefits from a prime location and has one parking space to the rear. With mains drainage and electric services, the property is Grade II listed and has a freehold tenure.