Market Street, Cinderford

An excellent opportunity to acquire a substantial mixed-use property occupying a prominent position along Market Street, in the heart of Cinderford town centre. Offering spacious commercial premises, extensive basement accommodation, a detached garage and a self-contained two-bedroom maisonette, the property presents an attractive proposition for investors, business owners and those seeking a versatile property with an established residential income.

Positioned along one of the busiest sections of Market Street, the ground-floor retail premises benefit from an extensive glazed frontage, providing excellent visibility and display space. Previously occupied by a successful carpet and flooring retailer, the premises are now available following the relocation of the business to larger premises.

The commercial accommodation offers generous and adaptable space, suitable for a variety of potential business uses, subject to any necessary consents. A particularly notable feature is the extensive basement, providing substantial additional storage accommodation and considerable potential for refurbishment or alternative uses. The basement also benefits from access to the rear of the property, where there is a parking area and detached garage, the latter requiring extensive refurbishment.

The residential accommodation, known as 19A Market Street, benefits from its own independent entrance and is arranged over the first and second floors. The spacious two-bedroom maisonette comprises a sitting room, kitchen, bathroom and second bedroom on the first floor, with a spiral staircase leading to the upper floor, where there is a generous principal bedroom and useful attic storage space.

The maisonette is currently occupied under an assured periodic tenancy, providing an immediate rental income for prospective purchasers. This offers the opportunity to acquire a property with an existing residential investment whilst retaining the flexibility to occupy, refurbish or let the commercial accommodation.

With its prominent town centre position, substantial accommodation and potential for further improvement, the property offers an excellent opportunity for purchasers looking to secure a versatile mixed-use investment.

Cinderford is one of the principal towns within the Forest of Dean, offering a range of local amenities, independent shops, national supermarkets, cafés, schools and leisure facilities. The town serves a wide surrounding rural community and benefits from convenient road connections to Gloucester, Cheltenham, Ross-on-Wye and the wider motorway network.

Market Street forms one of the town's main commercial thoroughfares, providing an established setting for a variety of retail and service-based businesses. The property's central position offers convenient access to local amenities and services, making it an attractive location for both commercial occupiers and residential tenants.

The surrounding Forest of Dean is renowned for its beautiful countryside, woodland walks and outdoor recreational opportunities, attracting visitors throughout the year.

The property offers considerable potential for purchasers seeking to enhance and maximise the existing accommodation. The ground-floor commercial premises provide flexibility for continued retail use or potential alternative business purposes, whilst the extensive basement presents further opportunities for improvement, reconfiguration or additional usable space.

To the rear, the parking area and detached garage provide further scope for refurbishment and enhancement.

The self-contained two-bedroom maisonette offers an established residential income, creating an attractive investment opportunity alongside the commercial premises.

Whether purchased as a long-term mixed-use investment, for owner occupation of the commercial premises with residential income above, or as a refurbishment project, the property offers a range of possibilities.

Any proposed alterations, changes of use or redevelopment would be subject to obtaining the necessary planning permissions, building regulations approval and any other statutory consents.