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"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 Rightmove and Zoopla to assist you with the latest information. In Rightmove, this information can be found under the brochures section, see "Property and Area Information" link. In Zoopla, 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.

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