Co-operative Funeral Service, High Street, Cinderford
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Mixed use property for sale
Key features
- Value-Add Retail Investment Opportunity
- Retail Unit and Rear Garages
- Fully Let to Central England Co-Operative Limited
- Lease Expires 04.11.2031
- Asset Management Potential
- Investment Let at £7,500 p.a. (Reflecting a Low £4.60 per sq ft)
- Guide Price Reflects 9.38% GIY
Description
Arranged as a detached retail unit with a separate garage block and yard to the rear, the property is currently fully let to Central England Co-Operative Limited on a lease expiring 04.11.2031 and paying £7,500 per annum.
The current passing rent reflects a very low rent of £4.60 per sq ft. We therefore consider that the property may benefit from asset management potential via improvement of the annual rent upon review (due November 2026).
The property benefits from a prominent frontage to Cinderford High Street, an established mixed-usae area characterised by retail, light industrial and residential uses.
Brochures
Co-operative Funeral Service, High Street, Cinderford
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lydney Station8.0 miles
Notes
Disclaimer - Property reference 6085BDD3-E367-4B8B-90C6-7C1189DDF102. 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 Savills, Savills Auctions- Commercial. 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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