New Rd 3,045 SF Retail Building Moreton In Marsh GL56 0AS $1,346,800 ($442.30/SF)

An attractive mixed use investment opportunity situated in the heart of this thriving Cotswold market town. Washbourne House was converted and comprehensively extended in 2012 to create a detached mixed use building located just off the High Street within the town centre and a short walk from the mainline rail station of Moreton In Marsh with direct links to Oxford & London Paddington (circa 85 mins). The building consists of two ground floor retail units with three residential units on the first floor and accessed at the rear. The residential flats benefit from off street parking within the car port and a further allocated parking space. Total rental income is circa £66,200 per annum exclusive of business rates, council tax & utilities. The commercial units on the ground floor are let on leases that are outside the Landlord & Tenant Act 1954. The residential units are let on Statutory Periodic Tenancies. We believe there to be scope to increase the rental returns.