MapRetail property (high street)
Auction
Retail property (high street)
1 bed
Features and description
- Tenure: Freehold
- Advised Freehold - Retail Units 1 & 2 Leasehold to be verified by solicitor
FOR SALE BY AUCTION - -Lot 20 - Commercial/Residential Investment
ONLINE AUCTION from 10th DECEMBER-12th DECEMBER
A three storey, semi detached property comprising of two retail units and four, one bedroom flats. The property is fully tenanted and is currently achieving a rental income of £36,136 per annum. There may be potential for rental increases.
Subject top the necessary planning consents there may be further potential for a rooftop apartment. Plans have been drawn up for this and are included in the legal pack.
Location
Lydney town offers a wide range of facilities including a variety of shops, banks, building societies and supermarkets, as well as a sports centre, golf course, hospital, doctor surgeries, train station, primary and secondary schools. A wider range of facilities are also available throughout the Forest of Dean including an abundance of woodland and river walks.
The Severn crossings and M4 towards London, Bristol and Cardiff are easily reached from this area along with the cities of Gloucester and Cheltenham for access onto the M5 and the
Midlands.
Services
The property benefits from gas, electric and water (not tested).
AccommodationFloorDescriptionArea Sq FtArea Sq MGround Floor-Shop Unit OneReception Area
Glazed door and window to front, storage area, rear hallway, kitchen, WC455.8542.35Ground Floor-Shop Unit TwoRetail Area
Window and door to front, kitchen, WC430.2339.97First Floor - Flat OneEntrance HallLounge134.3312.48Kitchen53.604.98Bedroom101.079.39BathroomFirst Floor-Flat TwoEntrance HallLounge194.5018.07Kitchen63.185.87Bedroom99.779.27BathroomSecond Floor-Flat ThreeEntrance HallLounge194.5018.07Kitchen63.185.87Bedroom99.679.26BathroomSecond Floor-Flat FourEntrance HallLounge134.3312.48Kitchen53.714.99Bedroom101.189.40Bathroom
Tenure:
Advised Freehold - Retail Units 1 & 2 Leasehold to be verified by solicitor
ONLINE AUCTION from 10th DECEMBER-12th DECEMBER
A three storey, semi detached property comprising of two retail units and four, one bedroom flats. The property is fully tenanted and is currently achieving a rental income of £36,136 per annum. There may be potential for rental increases.
Subject top the necessary planning consents there may be further potential for a rooftop apartment. Plans have been drawn up for this and are included in the legal pack.
Location
Lydney town offers a wide range of facilities including a variety of shops, banks, building societies and supermarkets, as well as a sports centre, golf course, hospital, doctor surgeries, train station, primary and secondary schools. A wider range of facilities are also available throughout the Forest of Dean including an abundance of woodland and river walks.
The Severn crossings and M4 towards London, Bristol and Cardiff are easily reached from this area along with the cities of Gloucester and Cheltenham for access onto the M5 and the
Midlands.
Services
The property benefits from gas, electric and water (not tested).
AccommodationFloorDescriptionArea Sq FtArea Sq MGround Floor-Shop Unit OneReception Area
Glazed door and window to front, storage area, rear hallway, kitchen, WC455.8542.35Ground Floor-Shop Unit TwoRetail Area
Window and door to front, kitchen, WC430.2339.97First Floor - Flat OneEntrance HallLounge134.3312.48Kitchen53.604.98Bedroom101.079.39BathroomFirst Floor-Flat TwoEntrance HallLounge194.5018.07Kitchen63.185.87Bedroom99.779.27BathroomSecond Floor-Flat ThreeEntrance HallLounge194.5018.07Kitchen63.185.87Bedroom99.679.26BathroomSecond Floor-Flat FourEntrance HallLounge134.3312.48Kitchen53.714.99Bedroom101.189.40Bathroom
Tenure:
Advised Freehold - Retail Units 1 & 2 Leasehold to be verified by solicitor
About this agent
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.