13 Market Street, Cinderford, Gloucestershire, GL14 2RT

ONLINE AUCTION from 28th - 30th July A mixed-use investment property occupying a prominent position within Cinderford town centre. The property comprises a ground floor retail unit together with a self-contained first floor residential flat and additional storage accommodation to the rear. The ground floor retail premises is let to Wyedean Healthfoods Ltd producing £18,200 per annum. The self-contained residential flat is accessed separately and currently produces £14,560 per annum, providing a combined income of £32,760 per annum. To the rear of the property is vehicular access together with two garages, which may offer potential for storage purposes or additional rental income, subject to the purchaser's requirements. The property offers an attractive investment opportunity with established income streams from both the commercial and residential elements. There may also be scope to increase income through asset management initiatives and the utilisation of the rear garages and storage areas. Tenancies To be sold subject to the existing tenancies Tenure Advised Freehold - to be verified by solicitor Auction Fees And Additional Costs Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards)…

From the Paul Fosh Auctions listing. Read the full listing and legal pack →