5-24 St. Barbaras Close, Ashchurch, Tewkesbury, Gloucestershire, GL20 8LG

Residential Investment Block of 17no. 2 bedroom Residential Apartments

The property is accessed via St Barbara's Close, a privately owned road located directly off the A46. The 19 purpose-built 2 bedroom flats are arranged across two detached buildings, comprising four individually accessed blocks (Blocks A-D). Each block benefits from its own entranceway, serviced by intercoms and fully intergrated fire alarm systems. The apartment blocks share a communal bin area and bike storage. 17 apartments are offered for sale. Flats 9 and 18 are subject to a Long Leashold under separate 'ownership' with each paying an annual ground rent and service charge. Flat 16 is currently under offer to be sold. The remaining open market flats are currently let on Assured Periodic Tenancies (APTs - formerly ASTs) see information pack for further details. Circa 15 car parking spaces are to be included in the Freehold Sale of the property. Overflow parking is available on St Barbaras Close for which parkings rights will be granted.

The current Passing Rent is £150,420 per annum (27/7/26), increasing to £161,280 per annum in August 2026 further to schedule rent increases. Please note the duration of tenancies above and the long-standing nature of tenants occupation, with rents having been kept low.

Location
Ashchurch is a village located within the Tewkesbury Borough of Gloucestershire, approximately 2 miles east of the historic Market Town of Tewkesbury. The area has seen much development in recent years to include the construction of the Cotswolds Designer Outlet Village and Dobbies Garden Centre to the east of the property providing a wide range of employment opportunities. The surrounding area is allocated as a Garden Town and major development is underway. MOD Ashchurch is located to the north-east of the property.

Services
We understand the apartments all benefit from connection to mains water, drainage, gas and electricity, individually metered. We have however not carried out any tests in this regard.

Planning
We understand the property benefits from open market C3 residential use.

Please note the residential development consent to the rear of the property for some 90 dwellings.

Terms
The site is offered for sale by way of Informal Tender. Unconditional offers are invited. Offers should be in accordance with the 'Tender Form' contained within the Data Room. Offers should be received by Bruton Knowles by Noon on Thursday 8th October 2026

Legal Costs
Each party is to incur their own legal fees. The Purchaser is to pay a non-returnable deposit on agreement of Heads of Terms.

Viewing
Viewings are strictly by appointment only with Bruton Knowles. A full inspection is proposed to be available on the 15th September between 10am to 2pm, subject to booking an appointment.

VAT
The property is not currently elected for VAT.

EPC
All of the apartments have valid EPCs and building certification such as electric and gas certificates, fire risk assessments etc. Please see the Information Pack for details.

Service Charge
There are two long leasehold apartments (excluded) subject to a management company which pay a service charge and ground rent.