Newerne Street, Lydney
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
4
- BATHROOMS
4
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- PRIME TOWN CENTRE POSITION
- TWO GROUND FLOOR LEASEHOLD RETAIL UNITS
- FOUR, ONE BEDROOM FLATS
- FURTHER DEVELOPMENT POTENTIAL (SUBJECT TO PLANNING)
- OFFERS INVITED
- CURRENT RENT ROLL IN THE REGION OF £38k
Description
DESCRIPTION
Three storey Semi Detached comprising Two leasehold retail units and Four One Bedroom Flats (all with AST'S). Further potential for a rooftop apartment subject to planning consent and potential for further improvement of the building to increase the rent roll (current gross return in the region of 8.5%)
SCHEDULE OF FLOOR AREA
all measurements are approximate:
Retail 1 – 31m²/333sft
Retail 2 - 50m²/538sft
1st Floor – 2 Flats - 71m²/764sft
2nd Floor – 2 Flats - 71m²/764sft
Total Net Internal - 223m²/2400sft
Gross External Floor Area - 253m²/2722sft
SHOP UNIT ONE
RECEPTION AREA
33' 5'' x 13' 8'' (10.18m x 4.16m)
glazed door and window to front, storage area, door to rear hallway with window and door to side, doors to Kitchen and Cloakroom with WC and wash hand basin.
KITCHEN
12' 5'' x 7' 5'' (3.78m x 2.26m)
built-in cupboards, sink unit.
SHOP UNIT TWO
RETAIL AREA
33' 5'' x 12' 3'' (10.18m x 3.73m)
window and door to front, window to side, door to rear, access to Cloakroom with WC and wash hand basin.
FLAT ONE
ENTRANCE HALL
fitted cupboard.
LOUNGE
15' 3'' x 8' 10'' (4.64m x 2.69m)
windows to front and rear, open plan to
KITCHEN
7' 7'' x 7' 1'' (2.31m x 2.16m)
window to front, sink unit, cooker point.
BEDROOM
11' 3'' x 9' 0'' (3.43m x 2.74m)
window to front.
BATHROOM
three piece suite, window to side.
FLAT TWO
ENTRANCE HALL
built-in cupboard.
LOUNGE
14' 11'' x 13' 1'' (4.54m x 3.98m)
windows to front and rear, open plan to
KITCHEN
9' 7'' x 6' 7'' (2.92m x 2.01m)
windows to side and rear, sink unit.
BEDROOM
11' 1'' x 9' 0'' (3.38m x 2.74m)
window to rear.
BATHROOM
three piece suite, window to side.
FLAT THREE
ENTRANCE HALL
built-in cupboard.
LOUNGE
14' 11'' x 13' 1'' (4.54m x 3.98m)
windows to front and rear, open plan to
KITCHEN
9' 7'' x 6' 6'' (2.92m x 1.98m)
windows to side and rear, sink unit.
BEDROOM
11' 1'' x 9' 0'' (3.38m x 2.74m)
window to rear.
BATHROOM
three piece suite, window to side.
FLAT FOUR
ENTRANCE HALL
built-in cupboard.
LOUNGE
15' 3'' x 8' 10'' (4.64m x 2.69m)
windows to front and rear, open plan to
KITCHEN
7' 7'' x 7' 1'' (2.31m x 2.16m)
window to front, sink unit, cooker point.
BEDROOM
11' 3'' x 9' 0'' (3.43m x 2.74m)
window to front.
BATHROOM
three piece suite, window to side.
SERVICES
Mains are understood to be available. All interested parties will make their own enquiries.
TENURE
Offered Freehold - Retail units 1 and 2 Leasehold.
RENT ROLL
Retail - £14,000 pax
Residential - £23,000 pax
Total Rent Roll - £38,000 pax
(Potential to increase Rent Roll subject to revised roof top flat - subject to consent or improvements to existing apartments)
AGENTS NOTE
Plans drawn for a proposed luxury roof top flat, consent not applied for or achieved - contact the agent for further details. the Partners of Toombs & Toombs Properties have a financial interest in this property.
Brochures
Property BrochureFull DetailsEnergy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
Newerne Street, Lydney
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lydney Station0.8 miles
About the agent
Toombs & Toombs Properties, Lydney
Claremont House High Street, Lydney, GL15 5DX
Toombs & Toombs Properties was formed by husband-and-wife team, David and Mandy Toombs, to respond to the demands of the modern property market by offering a highly personal, bespoke and agile service.
The Toombs & Toombs Properties' ethos of providing excellent service at a fair price, has been informed by over 40 years' experience in the property industry and listening to our clients and understanding what they want.
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 9975987. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Toombs & Toombs Properties, Lydney. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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