This notable Grade II Listed building is situated in a central location on Long Street, within the picturesque market town of Wotton-under-Edge. Spread across three levels, the property comprises two commercial units on the ground floor and four residential apartments above, all currently tenanted, resulting in an annual rental income of around £39,900. A gated pathway provides access to a shared courtyard and leads to the residential units via stairs along with a designated bin storage area. The commercial spaces are leased under five-year agreements, with staggered start dates in February 2022 and October 2025.
The residential segment includes three one-bedroom apartments and one two-bedroom apartment, all under periodic tenancy agreements managed by an independent agency. There is potential for value enhancement as one of the apartments needs updating, providing an opportunity for increased rental yields moving forward.
Connected to main utilities including electricity, water, drainage, and electric heating, the property is classified under Council Tax Band A for its residential apartments. Both commercial units qualify for Small Business Rate Relief due to their Rateable Values being below £12,000. This property presents a rare chance to invest in a mixed-use asset in this charming Cotswold town—combining both commercial and residential income streams while boasting significant long-term investment potential.
Wotton-under-Edge serves as a charming entry point to the Cotswolds, rich in history with various local amenities including shops and eateries along its traditional High Street. The town’s strategic location offers excellent connectivity to larger urban areas through nearby motorway access and railway services. Educational facilities are abundant for families seeking primary and secondary schooling options.
