5 & 5a Heywood Road, Cinderford, Gloucestershire, GL14 2PL
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- SECTOR
1 bedroom mixed use property for sale
Key features
- Mixed use property
- Planning for retail unit & 4 flats
- Close to local amenities
Description
ONLINE AUCTION from 7th OCTOBER-9th OCTOBER
Situated just outside the town centre of Cinderford is a mixed-use commercial/residential building currently laid out with a vacant commercial unit and a one bedroom flat.
The building has planning: ref P0524/24/FUL for part change of use to a retail ground floor, a one bedroom flat & a two storey rear extension, to provide two additional residential flats - Total one retail/2 one bed flats/first floor 2 two bed flats.
The property would be a perfect investment and we anticipate the following rents per unit: One bedroom flat - £700 and a two bedroom flat at £850 and £500 PCM for the retail unit bringing in a anticipated monthly revenue of £3,600 = £43,200 annually.
Location
Cinderford is a charming market town in the heart of the Forest of Dean, Gloucestershire. Surrounded by ancient woodlands, it offers abundant outdoor activities like hiking and cycling. The town features a mix of traditional and modern amenities, including shops, cafes, a newly built college, and leisure facilities.
VIRTUAL TOUR:
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
To be sold with vacant possession
Energy Performance Certificates
EPC 1Brochures
5 & 5a Heywood Road, Cinderford, Gloucestershire, GL14 2PL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lydney Station7.7 miles
Notes
Disclaimer - Property reference 309039. 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 Paul Fosh Commercial, South Wales. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Commercial, South Wales on 01633 603812.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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