Newerne Street, Lydney Guide Price £425,000

Lydney town offers a wide range of facilities including a variety of Shops, Banks, building societies and supermarkets, as well as a Sports Centre, Golf Course, Hospital, Doctors surgeries, Train Station, Primary and Secondary Schools.

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.

Three storey Semi Detached comprising Two leasehold retail units and Four One Bedroom Flats (all with AST'S). Further potential for a rooftop apartment subject to planning consent and potential for further improvement of the building to increase the rent roll (current gross return in the region of 8.5%)

all measurements are approximate: Retail 1 – 31m²/333sft Retail 2 - 50m²/538sft 1st Floor – 2 Flats - 71m²/764sft 2nd Floor – 2 Flats - 71m²/764sft Total Net Internal - 223m²/2400sft Gross External Floor Area - 253m²/2722sft

glazed door and window to front, storage area, door to rear hallway with window and door to side, doors to Kitchen and Cloakroom with WC and wash hand basin.

built-in cupboards, sink unit.

window and door to front, window to side, door to rear, access to Cloakroom with WC and wash hand basin.

fitted cupboard.

windows to front and rear, open plan to

window to front, sink unit, cooker point.

window to front.

three piece suite, window to side.

built-in cupboard.

windows to front and rear, open plan to

windows to side and rear, sink unit.

window to rear.

three piece suite, window to side.

built-in cupboard.

windows to front and rear, open plan to

windows to side and rear, sink unit.

window to rear.

three piece suite, window to side.

built-in cupboard.

windows to front and rear, open plan to

window to front, sink unit, cooker point.

window to front.

three piece suite, window to side.

Mains are understood to be available. All interested parties will make their own enquiries.

Offered Freehold - Retail units 1 and 2 Leasehold.

Retail - £14,000 pax Residential - £23,000 pax Total Rent Roll - £38,000 pax (Potential to increase Rent Roll subject to revised roof top flat - subject to consent or improvements to existing apartments)

Plans drawn for a proposed luxury roof top flat, consent not applied for or achieved - contact the agent for further details. The Partners of Toombs & Toombs Properties have a financial interest in this property.