Land for sale in Malmesbury SN16, 3 Bedroom

Description These excellent retail premises with spacious flat above is situated within arguably the most prominent location in The High Street in very heart of the delightful and historic market town of Malmesbury. A very visible and attractive stone built period building extending to around 2,886 in all, comprises a self-contained double fronted retail/trading area plus a large store room to the rear with kitchen/staff room and WC facilities, all located on the ground floor extending to around 1,189 .

Accessed from its own front entrance, the fully self-contained apartment above has been beautifully refurbished to a high standard, retaining a wealth of its original charter with exposed beams and boarded floors, whilst the accommodation is arranged over the first and second floors extending in all to around 1,677 . The second floor living accommodation includes four reception rooms, a cloak room and recent fitted kitchen with utility room off and access to a roof terrace garden. On the top floor, there are three double bedrooms and a family bathroom with stylish separate shower and bath.

The total retail area according to the voa Valuation office is 112.74m2 with the Rateable Value being £15,033 for the period since April 2017 however actual rates paid is £7,200 p/a. The First floor flat is rated for Council Tax as Band 'D' and is currently let on an Assured Shorthold Tenancy generating an income of £13,200 pa.

Situation Malmesbury is an ancient hilltop town situated on the southern edge of The Cotswolds. Traditionally a market town serving the rural area of North West Wiltshire, the town is reputed to be the oldest borough in England created by Charter in 880 ad by Alfred the Great. Today, the High Street has numerous independent shops, pubs and restaurants including a new Waitrose store and a regular weekly Farmer's market whilst the town has excellent choice of both primary and secondary schools and good recreational and leisure facilities. The M4 motorway (J17) to the south provides fast road access to the major employment centres of Bristol and Swindon together with London and the West Country. Main line rail services are available from Chippenham and Kemble (Paddington in about 75 minutes).

There are many local footpaths and bridleways and the area is well served for cultural and sporting interests. There are theatres in Bath, Bristol and Swindon, together with golf courses in Chippenham, Brinkworth, Castle Combe and Minchinhampton. Horse racing can be enjoyed at Bath, Newbury and Cheltenham, while numerous water sports are available at the Cotswold Water Park in South Cerney.