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Gloucestershire Business News

19 Newerne Street, Lydney

Three storey semi-detached property:

Two leasehold ground floor retail units generating £14,000 per annum exclusive.

Four one bedrooms flats (all with Assured Shorthold Tenancies generating £21,500 per annum exclusive.

Potential for additional rooftop apartment (STP).

EPC

Flats 1 and 2

Current EPC: E - 47. 

Potential EPC: C - 73.

Flats 3 and 4

Current EPC: E - 43.

Potential EPC: C - 77.

Location:

Newerne Street is the heart of the town's retail area.

Lydney is a market town situated on the banks of the River Severn and within the Forest of Dean in Gloucestershire.

The town has seen substantial development over recent years and benefits from  road links with the A48 providing convenient access to Chepstow and the M4 motorway to the South and Gloucester to the North.

Accommodation:

Retail (19A): 30.94 sq m (333 sq ft)

Retail (19): 49.98 sq m (538 sq ft)

1st Floor (2 flats): 70.98 sq m (764 sq ft)

2nd Floor 2 flats: 70.98 sq m (764 sq ft)

Total: 222.88 sq m (2,399 sq ft)

Measured approximate on a Net Internal Area basis (GIA). 

Quoting price:

£450,000 for the freehold investment.

Services:

Mains water, drainage and electricity are connected to the property.

NOTE: None of the services have been tested by Kurt Wyman Surveyors.

VAT:

All prices are quoted exclusive of VAT.

Legal costs:

Each party will be responsible for their own legal fees involved in the transaction.

Contact:

Kurt Wyman Surveyors 

01452 380064

info@kurtwymansurveyors.co.uk 

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