4 bed property for sale

Investment Property -Market Place, Coleford GL16

Description

A established investment opportunity, situated in the heart of Coleford Town. This mixed residential and commercial property comprises a large ground floor office, two self contained flats and a detached garage. All are let and producing a combined income of £26,940 Per Annum (£2,245 pcm). All properties are in good order and have longstanding tenants in situ offering a lucrative investment opportunity.

Being situated within the town centre, it gives the property fantastic opportunities with regards to local amenities and passing trade. As a town, Coleford is becoming increasingly popular due to its close proximity to the Forest of Dean, Wye Valley and greater travel networks.

Council Tax Band: Tbc (Forest of Dean District Council )
Tenure: Freehold

Floor Area

Two storey office; 107m2
Flat 1: 49m2
Flat 2: 83m2

Please Note

The EPC ratings are:
Office: D
Flat 1: Tbc
Flat 2: C

Please Note

The rental income:
Office: £12,000pax
Flat 1: £6,600pax
Flat 2: £8340pax

Rates

Contact Forest of Dean District council

Services

All mains services believed to be connected.

Water Rates

Tbc.

Legal Fees

Each party will bear their own legal costs.

Viewings

By prior appointment with Hills