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COMMERCIAL

Regent Street, Lydney

Offers in Region of
£550,000
Hills Property Consultants, Newnham
PROPERTY TYPE

Mixed Use

SIZE

4,250 sq ft

395 sq m

Key features

  • Available as a "going concern"
  • Commercial & Residential
  • Devlopment potential
  • freehold
  • Investment
  • Offers invited
  • Off-street parking
  • Prime location

Description

A great opportunity to acquire a mixed use investment opportunity comprising two retails units, office, five flats and car park, situated in a central position within Lydney's Town and generating a circa 8.75% yield with scope for increasing.

The property is currently producing circa £48,139pax in rental income and maintained throughout by the current owners. Benefiting for a sizable plot there is also scope to increase the size of the building and therefore the capacity of its income.

Positioned strategically on the north bank of the River Severn, Lydney is a thriving gateway town that blends industrial heritage with modern commercial potential. As the primary retail and service hub for the southern Forest of Dean, it offers a captive local audience and excellent regional connectivity.

The town sits on the A48, a primary trunk road that has been significantly improved to bypass the town centre, ensuring local commercial traffic remains fluid while maintaining rapid access to the national motorway network:

M4 Motorway (J21/J23): Approximately 15-20 minutes via the A48, opening up the M4 corridor to London and the South West.

M5 Motorway (J11/J11A): Approximately 25-30 minutes, providing a direct artery to the Midlands and the North.

Severn Bridges: Lydney is perfectly positioned for businesses serving both English and Welsh markets, with the Prince of Wales Bridge providing a fast route into North Bristol (approx. 30-35 mins) and the M48 offering quick access to Chepstow and Thornbury.

Tenure: Freehold
Sold as a going concern with tenants in situ.

Floor area

Ground floor
Retail: 1260sqft
Office suite: 280sqft
Detached Cobblers Cabin: 200sqft
First floor:
Flat 1: (1 bedroom) 245sqft
Flat 2: (1 bedroom) 195sqft
Flat 5: (Bedsitting room) 280sqft
Second floor:
Flat 3: (1 bedroom) 510sqft
Flat 4: Two bedroom) 712sqft

Please note

EPC Ratings:
Retail: B
Office suite: G
Detached Cobblers Cabin: C
Flat 1: C
Flat 2: D
Flat 3: C
Flat 4: C
Flat 5: E

RENT

Current rent roll:

Flat 1 - £650.00 per calender month
Flat 2 - £550.00 per calender month
Flat 3 - £410.00 per calender month (being negotiated to £600.00)
Flat 4 - £725.00 per calender month
Flat 5 - £650.00 per calender month
Flat 6 – No charge currently, as being used as a storage facility. Could be converted to retail.
Cobblers Cabin - £50.00 per calender month
Newerne Street Retail Unit (all bills paid by tenant) - £916.66 per calender month

A current total Gross rental income of £48,139

Services

Mains services believed to be connected.
All interested parties will make their own enquiry's.

Viewings

STRICTLY via prior appointment with Hills - Please give us as much notice as possible.

Brochures

Brochure

Regent Street, Lydney

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lydney Station0.8 miles

About Hills Property Consultants, Newnham

Unit 1 Central House Dean Road Newnham Gloucestershire GL14 1AB
Industry affiliations:Industry affiliation logo 0

Hills' approach to the property industry is to think outside the box: think of what you know, and then think again.

This mindset has solidified our successful involvement in sales, ranging from multi-million-pound developments to disposals of investment properties to negotiating sales/ maintaining sales progression. Our commitment is always to our clients, and we endeavour to have their best interests at heart, ensuring we create and maintain excellent relationships with our clients. This is supported by our solid and premium reputation within the local residential and commercial markets.

Each client is different, just like each property is different, and we are aware of this. With our 7 days a week advertising, 24/7 staff contact availability, extensive online marketing via major portals and social media platforms, professional videography/ photography, and our 'boutique style' dual fronted high street consultancy, we are able to give you the best return on your investment. Situated in the beautiful village of Newnham on Severn, a position that 100,000+ road users pass a year, Hills is a perfect place to show off your property.

Notes

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Disclaimer - Property reference CS0076. 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 Hills Property Consultants, Newnham. 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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