High Street, Cinderford, Gloucestershire, GL14

DESCRIPTION

15 High Street provides an excellent opportunity to acquire a prominent mixed-use building within the center of Cinderford. The property incorporates a ground floor commercial unit with potential for office or retail use, together with a self-contained two-bedroom flat at first floor level. Benefiting from a High Street frontage and public car parking nearby, the property offers strong investment potential and versatility for owner occupiers or investors

SITUATION

The property is centrally positioned within Cinderford, one of the principal towns in the Forest of Dean. The High Street forms the main commercial thoroughfare with a mix of local and national retailers, professional offices, cafés and services. The town serves as a hub for the surrounding rural communities and has excellent access to the wider region via the A4151, linking to the A40 and M50 for Gloucester, Hereford and the Midlands, and towards Chepstow, Bristol and South Wales via the A48 and M4.

ACCOMMODATION

Ground Floor: Current office accommodation (see plan) with WC, decked area and rear storage. Approx. 74m² (796ft²). First Floor: Self-contained two-bedroom apartment comprising lounge, kitchen and bathroom. Approx. 54m² (581ft²).

RENTAL INCOME

Ground Floor: £7,500 per annum (£625 pcm) First Floor: £6,000 per annum (£500 pcm) Total Income: Circa £13,500 per annum.

BUSINESS RATES & COUNCIL TAX

Business rates: £5,500 Council Tax band A

PLANNING

The ground floor has commercial use permitted while the upper floors are in residential use.

TENURE

Freehold subject to existing leases.

SERVICES

We understand that the property is connected to mains electricity, water, drainage and gas. Interested parties are advised to make their own enquiries with the relevant utility providers to confirm service connections and capacities.

VIEWING

Strictly by appointment with David James Tel: or our Joint Agent – Dave Toombs,

LOCAL AUTHORITY

Monmouthshire County Council -