Property Details

An excellent opportunity to acquire an iconic and prominent mixed use investment property within the centre of Glastonbury generating a gross income of approximately £165,979.92 excl. VAT rent and further service charge income £13,765 excl. VAT. The property would be well suited to a hands-on proactive investor or management could equally be handed to an agent. The rear courtyard may also offer future potential alternative uses such as holiday lets or similar, subject to necessary consents and obtaining possession. Dating back to the 12th century, it is a notable Grade II listed building situated within Glastonbury Conservation area. The Gauntlet is a multi award winning Victorian-style gated shopping throughfare connecting the High Street and St Johns Car Park. Comprised of sixteen independent shops and boutiques with a plethora of business types selling jewellery, crystals and wellness services, with seven residential flats above the shops. Currently ran and managed by the vendor who receives regular demand for occupiers directly and via their own website www.gauntletshops.co.uk.

An Excellent Opportunity To Acquire An Iconic And Prominent Mixed Use Investment Property Within The Centre Of Glastonbury Generating A Gross Income Of Approximately £165,979.92 Excl. Vat Rent And Further Service Charge Income £13,765 Excl. Vat. The Property Would Be Well Suited To A Hands-on Proactive Investor Or Management Could Equally Be Handed To An Agent. The Rear Courtyard May Also Offer Future Potential Alternative Uses Such As Holiday Lets Or Similar, Subject To Necessary Consents And Obtaining Possession. Dating Back To The 12th Century, It Is A Notable Grade Ii Listed Building Situated Within Glastonbury Conservation Area. The Gauntlet Is A Multi Award Winning Victorian-style Gated Shopping Throughfare Connecting The High Street And St Johns Car Park. Comprised Of Sixteen Independent Shops And Boutiques With A Plethora Of Business Types Selling Jewellery, Crystals And Wellness Services, With Seven Residential Flats Above The Shops. Currently Ran And Managed By The Vendor Who Receives Regular Demand For Occupiers Directly And Via Their Own Website Www.gauntletshops.co.uk. Occupier Area Sqft Rateable Value / Council Tax Epc Unit 1 - Silver Scene Ltd 173.62 £6,100 E Unit 3 - The British Witches 184.93 £6,300 E Unit 5 - Hamilton's Guitars 120.02 £4,350 D Unit 7 - Lucky 7 Tarot 144.24 £5,100 D Unit 9 - A Wing & A Prayer 165.66 £5,700 D Unit 11 - Made By Janice 192.89 £4,600 C Shop 13 - Bethany's 140.36 £4,400 C Shop 15 - Acksockorise 121.63 £4,100 D Shop 16 - Hawthorne Child Care 92.79 £2,700 C Shop 17 - Aura Energetics 97.31 £3,050 B Shop 18 - Angie's Folk Art 97.52 £3,000 C Shop 19 - Carla Leonna Amos 98.06 £3,050 B Shop 20 - Pegana Design Jewellery 97.52 £3,050 C Shop 21 - Mind Ya Beeswax 99.78 £3,150 B Shop 22 - Debra Jacobs 190.09 £3,150 E Shop 23 - Philip Riley 164.58 £5,900 C 2,181sqft Flat 2 506.55 A C Flat 4 458.01 A C Flat 6 192.78 A C Flat 8 226.04 A D Flat 10 244.67 A E Flat 12 200.21 A D Flat 14 257.37 A D 2,085sqft Circulation Space, Staircases, Wc And Stores 1,512sqft Agents Note: Measurements Have Been Provided By The Vendor And Have Not Been Verified By The Selling Agent. Services And Fixtures & Fittings We Understand That Electricity Is Connected To Each Unit And Flat. Mains Water Connected To Each Flat But Not All The Units. No Tests Have Been Carried Out On Any Appliances Or Services At The Premises And Neither The Vendors Nor Their Agents Give Any Warranty As To Their Condition. All Fixtures, Fittings And Trading Equipment Are Specifically Excluded Unless Mentioned In These Particulars. Interested Parties Can View The Property Externally And From Open Spaces At Their Convenience. Strictly By Prior Appointment With The Selling Agent. We Request That At Least 24-hour Notice Is Provided In Advance Of Your Intended Viewing Date To Allow Time To Notify The Tenants. To Note, Not All Areas May Be Visible On A Single Viewing. + Vat Planning Interested Parties Should Rely On Their Own Enquiries In Respect Of Any Planning History, Opportunities And Existing Consented Uses And Works With The Local Planning Authority Freehold, Subject To The Current Occupation. Copies The Occupational Information Is Available Following A Viewing At Full Discretion Of The Vendor. Iconic And Prominent Mixed Use Investment Dating Back To 12th Century Award Winning Victorian Style Gated Shopping Thoroughfare Rear Courtyard Possible Alternative Potential Ie Holiday Lets Gross Income £165,979.92 Excl Vat