17 Market Place, Coleford, Gloucestershire, GL16 8AW
Business rates & charges may apply
- SIZE
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- SECTOR
Mixed use property for sale
Key features
- Mixed use property
- Close to local amenities
- Two flats
- Income potential
Description
ONLINE AUCTION from 10th November-12th November 2026
A substantial mixed-use freehold investment property occupying a prominent position on Market Place in the centre of Coleford.
The property comprises a ground floor commercial premises with residential accommodation above, providing an established income stream together with the opportunity to increase the overall rental income.
The commercial premises, occupied by Light Fantastic Hardware Ltd, currently produce £16,640 per annum. We have been informed by the vendor that a rent review is due next year.
The residential element comprises Flats 17A and 17B. Flat 17B is currently let at £11,400 per annum, while Flat 17A is currently vacant and is considered to have a potential rental income of approximately £850 per calendar month / £10,200 per annum, as advised by the vendor.
The property currently generates £28,040 per annum.
Tenure:
Advised Freehold - to be verified by solicitor
Tenancies:
To be sold with tenants in situ
Commercial Premises: Let to Light Fantastic Hardware Ltd at £16,640 per annum. We understand a rent review is due next year. Please refer to the legal pack for full lease details.
Flat 17A: Currently vacant.
Flat 17B: Two bedroom flat currently producing £11,400 per annum.
Energy Performance Certificates
EPC 1EPC 2EPC 317 Market Place, Coleford, Gloucestershire, GL16 8AW
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lydney Station6.6 miles
About Paul Fosh Commercial, South Wales
Shackleton House, Langstone Business Village, Newport, NP18 2LHNotes
Disclaimer - Property reference 374044. 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 Commercial, South Wales. 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 Commercial, South Wales on 01633 603812.
*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.”