5 bedroom mixed use for sale

A well-positioned GRADE II LISTED FREEHOLD MIXED-USE INVESTMENT PROPERTY featuring a spacious DOUBLE-WIDTH SHOPFRONT, currently leased as a YOGA STUDIO, along with three RESIDENTIAL FLATS. The flats comprise 2 x TWO-BEDROOM UNITS and 1 x ONE-BEDROOM UNIT, providing a strong RENTAL INCOME STREAM with a GROSS YIELD OF 7.17%.

Current Rental Income - Flat 1: £675 PCM (£8,100 PA)
Flat 2: £675 PCM (£8,100 PA)
Flat 3: £360 PCM (£4,320 PA) (No rent increase since 2017)
Shop (Yoga Studio): £4,560 PA (No rent increase since 2016)
Total = £25,080

Gross rental yield if purchased at the asking price = 7.17%

Features & Potential - Rear Garden: Approximately 90 ft x 20 ft, narrowing to 15 ft.
Covered Storage Area: Approximately 30 ft x 11 ft within the garden.
Development Potential: The rear garden offers additional rental income opportunities, either as storage space or potential redevelopment (subject to necessary permissions). There is rear access to the garden via The Tram Road.
A fantastic investment with stable rental income and further potential for growth.

Shop -

Kitchen - 1.35m x 2.39m (4'05 x 7'10) -

Reception - 2.26m x 3.53m (7'05 x 11'07) -

Wc -

Treatment - 2.87m x 3.71m (9'05 x 12'02) -

Studio - 3.25m x 7.77m (10'08 x 25'06) -

Flat 1 -

Kitchen - 3.15m x 2.34m (10'4 x 7'8) -

Living Room - 5.61m x 3.66m (18'5 x 12') -

Bedroom 1 - 4.14m x 3.89m (13'7 x 12'9) -

Bedroom 2 - 3.68m x 2.21m (12'1 x 7'3) -

Shower Room -

Flat 2 -

Kitchen - 3.15m x 2.34m (10'4 x 7'8) -

Living Room - 5.61m x 3.66m (18'5 x 12') -

Bedroom 1 - 4.14m x 3.89m (13'7 x 12'9) -

Bedroom 2 - 3.68m x 2.21m (12'1 x 7'3) -

Shower Room -

Flat 3 -

Kitchen/Living - 5.97m x 2.57m (19'07 x 8'05) -

Bedroom - 5.00m x 2.44m (16'05 x 8'0) -

Shower Room -

Services - Mains Water, Drainage & Electricity.

Mobile Phone Coverage / Broadband Availability - It is down to each individual purchaser to make their own enquiries. However, we have provided a useful link via ( ... ) and ( ... ) to assist you with the latest information. In ( ... ), this information can be found under the brochures section, see "Property and Area Information" link. In ( ... ), this information can be found via the Additional Links section, see "Property and Area Information" link.

Water Rates - Severn Trent - rates to be advised.

Local Authority - Council Tax Band: A
Forest of Dean District Council, Council Offices, High Street, Coleford, Glos. GL16 8HG.

Epc's - Flat 1 - E
Flat 2 - E
Flat 3 - E

Tenure - Freehold.

Viewings - Strictly through the Owners Selling Agent, Steve Gooch, who will be delighted to escort interested applicants to view if required. Office Opening Hours 8.30am - 7.00pm Monday to Friday, 9.00am - 5.30pm Saturday.

Directions - From the Clock Tower Roundabout in the centre of Coleford, head down Newland Street, and the property is located on the right-hand side.

Property Surveys - Qualified Chartered Surveyors (with over 20 years experience) available to undertake surveys (to include Mortgage Surveys/RICS Housebuyers Reports/Full Structural Surveys)

Awaiting Vendor Approval - These details are yet to be approved by the vendor. Please contact the office for verified details.