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Gloucestershire Business News

Kenley House, Cinderford

An investment opportunity comprising of eight purpose-built one bedroom apartments over two floors.

Features:

  • Modern Kitchens and Bathrooms.
  • Double Glazing.
  • Electric Background Heating.
  • Allocated Parking.
  • Woodland Views.
  • Close to all Amenities.
  • Town Centre Location.

TENANCIES:

All units are fully tenanted on Assured Shorthold Tenancies.

RENT ROLL:

£50,400 per annum exclusive

Location:

The Property is within walking distance from the town centre.

Cinderford is a popular market town situated on the eastern edge of the Forest of Dean in Gloucestershire.

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

Example ROOM SIZES:

Bedroom - 4m x 3m (13'2' x 9'10)

Kitchen/Living Room 4m x 4.2m (13'2' x 13'9')

Bathroom 1.75m x 2m (5'9' x 6'6')

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

Services:

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

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

Tenure:

Freehold incorporating the current Management Company (Kenley House Management Company Limited)

Each unit is leasehold on a 999-year term from 2003 and have the potential to be sold individually.

Quoting price:

Offers over on £600,000 for the freehold investment.

VAT:

Apartments 1,5,7 and 8: EPC Rating D

Apartments 2,3 ,4 and 6: EPC Rating C

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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