Waterside Court, Newerne Street, Lydney, GL15 5RF

Waterside Court, Newerne Street, Lydney, GL15 5RF

£ 225,000

Lydney

Retail Unit

SCOM1

GL15 5RA

16-04-2019


A HIGH STREET INVESTMENT OPPORTUNITY HAS ARISEN IN LYDNEY TOWN CENTRE!

The opportunity

We are pleased to offer the opportunity to acquire a commercial property with a perfect high Street position in Lydney. For the purchase of this property you will obtain the main dwelling with three rented units, to the rear of the dwelling sits a separate rented out storage facility. The yearly rental income currently sits at £17000 PA.

Further rental income is available upon request.

Based on a £225,000 sale figure and with the current rental income, this investment will return a 7.56% yield.

The property comprises of two separate units on the ground floor. On the first floor sits the third unit, with the storage building to the rear of the property.

Main building ground floor space- 93.5 sq. meters (1006.6 sq.feet) Approx

Main building first floor space- 84.1 sq. meters (905.1 sq.feet) Approx

Appointments solely with the vendors sole agent- Aroha Properties

Situation

This property is situated in a convenient location in Lydney Town Centre. The Town Centre of Lydney, gives easy access to local shops and supermarkets, doctors surgery's, public houses and restaurants, leisure centre with swimming pool, gym etc, outdoor swimming pool, train station and local bus routes, Church's & Chapels. Easy access to Chepstow, Bristol, Gloucester, M5 & M4

Sorry, we do not have any floorplan files at this time.

Sorry, we do not have any brochure files at this time.

Sorry, we do not have any epc files at this time.

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