4 bedroom block of apartments for sale

A fantastic investment opportunity comprising ground floor retail unit with two residential flats on the upper floors. In addition the property offers future development potential to the rear, subject to any planning consents that may be required. The property is currently fully occupied and generating an overall annual income of £35,400, representing a yield of just over 7%. Internal viewing strictly by appointment.

17 Market Place - A ground floor retail unit with associated store room, kitchen and WC. Currently let on a 9 year lease (commenced 2020 TBC), at £3,900/quarter.

Shop - 10.90m x 5.70m (front section) (35'9" x 18'8" (from - Glazed to the front, approx. 96 sqm retail space overall, doors to:

Store Room - 6.66m x 2.55m overall max (21'10" x 8'4" overall m - with door to outside.

Kitchen - 3.14m x 1.01m (10'4" x 3'4") - Window to side, single drainer sink unit, door to:

Inner Lobby - Door to:

W.C. - Window to side, low level WC, wash hand basin.

17A Market Place - A 2 bedroom first floor flat currently let on an assured shorthand tenancy at £800 per calendar month. Entrance door to:

Kitchen - 3.40m x 1.68m (11'2" x 5'6") - Fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit, space for fridge, electric oven, four ring electric hob with extractor hood over, uPVC frosted double glazed window to side, doors to:

Bathroom - With pedestal wash hand basin, shower enclosure and low-level WC, window to side, door to cupboard housing hot water tank.

Living Room - 4.32m x 2.78m (14'2" x 9'1") - UPVC double glazed window to side, opening to inner lobby with storage cupboard and doors to:

Bedroom 1 - 3.62m x 3.53m overall max (11'10" x 11'6" overall - Two double glazed sash windows to front.

Bedroom 2 - 3.62m x 2.07m overall max (11'10" x 6'9" overall m - Double glazed sash window to front.

17B Market Place - A 2 bedroom flat accessed at first floor level with majority of the accommodation on the second floor, currently let on an assured shorthand tenancy at £850 per calendar month.

Entrance Hall - Stairs to second floor and door to:

Study - 2.34m x 1.79m max (7'8" x 5'10" max) - UPVC double glazed window to rear.

Second Floor Landing - Store cupboard housing hot water tank, doors to:

Living Room/Kitchen - 3.60m x 5.44m (11'10" x 17'10") - An open plan room with three double glazed sash windows to front, Kitchen being fitted with a matching range of base and eye level units with worktop space over, stainless steel sink unit, space for fridge, electric oven, four ring electric hob with extractor hood over.

Bedroom 1 - 2.47m x 3.00m (8'1" x 9'10") - UPVC double glazed window to side, door to:

Bedroom 2 - 2.39m x 2.67m (7'10" x 8'9") - UPVC frosted double glazed window to rear.

Bathroom - With panelled bath, pedestal wash hand basin and low-level WC.

Outside- To the rear of the property is a hardstanding providing off road parking and access to a small lawned garden. A concrete path provides access to the two residential flats from the rear. The area to the rear offers the potential for re-development and in addition could be combined with the external space to the rear of the neighbouring property (for sale separately). Naturally any planning consents that may be required should be investigated by potential buyers.

Local Authority & Charges - Forest of Dean District Council, . 17 - Rateable Value £11,500 (2023/24), 17a - Band A, £1,449.50 (2023/24), 17b - Band A, £1,449.50 (2023/24).