Claremont House, High Street, Lydney, Gloucestershire, GL15 5DX
Claremont House, High Street, Lydney, Gloucestershire, GL15 5DX
Commercial properties
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High Street, Cinderford Offers in the Region Of £599,995

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TOOMBS & TOOMBS PROPERTIES ARE PLEASED TO OFFER FOR SALE THIS INVESTMENT BUILDING COMPRISING EIGHT PURPOSE BUILT ONE BEDROOM APARTMENTS WITH ALLOCATED PARKING, VIEWS IN A TOWN CENTRE LOCATION. CURRENT RENT PASSING CIRCA £500 pcm PER APARTMENT/APPROX. £48k PER ANNUM, POTENTIAL UPLIFT TO £550 pcm PER APARTMENT/CIRCA £52,800k PER ANNUM. SUBJECT TO PLANNING CONSENT POTENTIAL FOR FURTHER APARTMENTS WITHIN THE ATTIC SPACE.


The property is situated in Cinderford in the heart of the Forest of Dean. There are many scenic walks to enjoy. There is local shop very close by and Cinderford Town Centre is within walking distance. Cinderford has a cinema in the Town Centre as well as local amenities. There are road links to Ross on Wye 8.8 miles, Lydney 12.5 miles, Gloucester 15.5 miles.

A wider range of facilities are also available throughout the Forest of Dean including an abundance of woodland and river walks. The Severn crossings and M4 towards London, Bristol and Cardiff are easily reached from this area along with the cities of Gloucester and Cheltenham for access onto the M5 and the Midlands.

APPROXIMATE ROOM SIZES

Bedroom - 4m x 3m (13'2 x 9'10) Kitchen/Living room - 4m x 4.2m (13'2 x 13'9) Bathroom - 1.74m x 2m (5'9 x 6'6)

OUTSIDE

allocated parking for each apartment.

AGENTS NOTE

on offer the Freehold incorporating the Management company - Kenley House Management Company Limited to the incoming purchaser. That purchaser can then offer or sell them individually with leasehold options.

SERVICES

mains water, electricity and drainage. THE SERVICES AND CENTRAL HEATING, WHERE APPLICABLE, HAVE NOT BEEN TESTED.

VIEWING

Please note our vendor clients will only allow viewings on the basis of a cash proceedable purchaser, or proven investment buyer with proof of funding i.e. commercial mortgage etc. Viewings do require an element of notice, not all apartments will be available to view, one or two will be available as examples of the whole block. If a sale is agreed with the client then a more in-depth inspection of the whole block will be agreed.

OUTGOINGS

COUNCIL TAX BAND 'A' APARTMENTS 2, 3, 4 & 6 - EPC RATING 'C' APARTMENTS 1, 5, 7 & 8 - EPC RATING 'D'

AGENTS NOTE

the Partners of Toombs & Toombs Properties have a financial interest in this property.


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  • EIGHT PURPOSE BUILT ONE BEDROOM APARTMENTS
  • ALL APARTMENTS HAVE DOUBLE GLAZING, ELECTRIC BACKGROUND HEATING, ALLOCATED PARKING & WOODLAND VIEWS
  • EACH APARTMENT HAVING A KITCHEN/LIVINGROOM, BEDROOM & BATHROOM
  • 999 YEAR LEASE FROM JANUARY 2003
  • SITUATED CLOSED TO THE TOWN AMENITIES
  • THE APARTMENTS ARE CURRENTLY FULLY LET

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High Street
Cinderford GL14 2SZ
County: Gloucestershire
Sale Type: For Sale
Ref #: T&T2064
Maxine Voss
Toombs & Toombs Properties
P: 01594 844444
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