13 Market Street, Cinderford, Gloucestershire, GL14 2RT
- PROPERTY TYPE
Mixed Use
- SIZE
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Key features
- Mixed-use investment property
- Cinderford town centre
- Self-contained first floor residential flat
- Rear vehicular access
- Two garages
Description
ONLINE AUCTION from 23rd JUNE - 25th JUNE
A mixed-use investment property occupying a prominent position within Cinderford town centre. The property comprises a ground floor retail unit together with a self-contained first floor residential flat and additional storage accommodation to the rear.
The ground floor retail premises is let to Wyedean Healthfoods Ltd producing £18,200 per annum. The self-contained residential flat is accessed separately and currently produces £14,560 per annum, providing a combined income of £32,760 per annum.
To the rear of the property is vehicular access together with two garages, which may offer potential for storage purposes or additional rental income, subject to the purchaser's requirements.
The property offers an attractive investment opportunity with established income streams from both the commercial and residential elements. There may also be scope to increase income through asset management initiatives and the utilisation of the rear garages and storage areas.
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
To be sold subject to the existing tenancies
Brochures
Legal DocumentsOnline Bidding13 Market Street, Cinderford, Gloucestershire, GL14 2RT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lydney Station7.7 miles
Notes
Disclaimer - Property reference 349775. 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 Auctions, Newport. 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 Auctions, Newport on 01633 603042.
*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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