Block of flats for sale in Newerne Street, Lydney, Gloucester GL15

Fixed price £450,000 (£187.58/sq. ft)
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Block of flats for sale

2,399 sq. ft*

Property description

A Three storey property of facing brickwork to to the elevation under a flat roof.

The property comprises two retail unitson the ground floor, 2 one bedroom flats at first floor level and 2 one bedroom flats on 2nd floor.

Unit 19 -
Lease Expiry 30.03.2028
Income £8,000 per annum rising to £8500 per annum April 2025.

Unit 19 A
Lease Expiry 01.12.2025
Income £ 7,000 per annum

Residential units are Fully Let on Assured Shorthold Tenancy agreements generating £20,000 per annum.

Location:
Lydney is a thriving and busy 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 excellent road links with the A48 providing convenient access to Chepstow and the M4 motorway to the South and Gloucester to the North.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Kurt Wyman Surveyors & Property Agents, GL2 on +44 1452 768050 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kurt Wyman Surveyors & Property Agents, and do not constitute property particulars. Please contact Kurt Wyman Surveyors & Property Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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