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Gloucestershire Business News

Development - Former Builders Yard, 33 High Street, Lydney

The site comprises two buildings fronting onto Lydney High Street, together with a parcel of land situated to the north of No. 33 High Street, extending to some 0.26 hectares (0.64 acres).

The site extends behind the rear gardens of 23-31 High Street (see site layout plan attached with site outlined in red).

Full planning consent for 6 No three bed houses and 3 No two bed houses plus existing three bed stone cottage.

All documents supporting the planning application are available on our website. In addition, an intrusive ground investigation survey has been commissioned to test for contaminants.

Location details:

Lydney is located on the west bank of the River Severn in the Forest of Dean. The town centre provides a mixture of shopping and office accommodation together with residential units.

The site is located opposite Tesco. The area benefits from good access to the A48 trunk road, which bypasses the town centre, and connects to Gloucester to the north and the M5/M48 motorways to the south.

The recent removal of tolls on the Severn Bridge Crossing has reduced the cost of commuting to Bristol from this area.

Accommodation:

The site was a former builders yard and there is a basic series of concrete block workshops and stores currently erected on the site, together with No. 33 High Street.

No. 33 High Street

A two storey, mid terraced house of solid stone with part rendered and double pitched slate roof comprising living room, dining room and kitchen with three bedrooms and bathroom at first floor.

Total net internal area: 63 sq m (680 sq ft)

Old Malt House, 23 High Street 

This building is available for sale as part of the whole or separately and comprises a two storey storage unit constructed of solid stone walls and part blockwork, rendered and timber clad externally with a double pitched slate clad roof.

Total net internal area: 39.02 sq m (420 sq ft)

Rates:

The assessment currently appearing in the Valuation List is as follows:

Rateable Value: £10,750

Rate in £ 2018/2019: 0.493

Planning:

The property has full planning for the development of nine dwellings and associated landscaping, parking and ancillary works, together with the construction of vehicular access and demolition of existing building (Ref P1095/18/FUL - 27.07.18).

6 No three-bedroom units (plots 1, 2, 4, 5, 7 and 8), 3 No two-bedroom units (plots 3, 6 and 9). The site is partially located within the Lydney Conservation Area boundary.

Terms:

The property is offered freehold with vacant possession. The access road leading to the site from Templeway West will be excluded from the sale, but available for access during construction.

Further information is available upon request.

Price:

£550,000.00

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the sale price.

We recommend that the prospective purchasers establish the implications before entering into any agreement.

Legal Costs:

Each party to bear their own costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag 07737 691453

Rebecca Rigg 01452 300433

Harry Pontifex 01242 255242

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