Offers in region of
£550,000
(£129.41/sq. ft)
Property for saleRegent Street, Lydney GL15
4,250 sq. ft
Just added
Freehold
About this property
Available as a "going concern"
Commercial & Residential
Devlopment potential
Freehold
Investment
Offers invited
Off-street parking
Prime location
Description
A great opportunity to acquire a mixed use investment opportunity comprising two retails units, office, five flats and car park, situated in a central position within Lydney's Town and generating a circa 8.75% yield with scope for increasing.
The property is currently producing circa £48,139pax in rental income and maintained throughout by the current owners. Benefiting for a sizable plot there is also scope to increase the size of the building and therefore the capacity of its income.
Positioned strategically on the north bank of the River Severn, Lydney is a thriving gateway town that blends industrial heritage with modern commercial potential. As the primary retail and service hub for the southern Forest of Dean, it offers a captive local audience and excellent regional connectivity.
The town sits on the A48, a primary trunk road that has been significantly improved to bypass the town centre, ensuring local commercial traffic remains fluid while maintaining rapid access to the national motorway network:
M4 Motorway (J21/J23): Approximately 15-20 minutes via the A48, opening up the M4 corridor to London and the South West.
M5 Motorway (J11/J11A): Approximately 25-30 minutes, providing a direct artery to the Midlands and the North.
Severn Bridges: Lydney is perfectly positioned for businesses serving both English and Welsh markets, with the Prince of Wales Bridge providing a fast route into North Bristol (approx. 30-35 mins) and the M48 offering quick access to Chepstow and Thornbury.
Tenure: Freehold
Sold as a going concern with tenants in situ.
Floor Area
Ground floor
Retail: 1260sqft
Office suite: 280sqft
Detached Cobblers Cabin: 200sqft
First floor:
Flat 1: (1 bedroom) 245sqft
Flat 2: (1 bedroom) 195sqft
Flat 5: (Bedsitting room) 280sqft
Second floor:
Flat 3: (1 bedroom) 510sqft
Flat 4: Two bedroom) 712sqft
Please Note
EPC Ratings:
Retail: B
Office suite: G
Detached Cobblers Cabin: C
Flat 1: C
Flat 2: D
Flat 3: C
Flat 4: C
Flat 5: E
Rent
Current rent roll:
Flat 1 - £650.00 per calender month
Flat 2 - £550.00 per calender month
Flat 3 - £410.00 per calender month (being negotiated to £600.00)
Flat 4 - £725.00 per calender month
Flat 5 - £650.00 per calender month
Flat 6 – No charge currently, as being used as a storage facility. Could be converted to retail.
Cobblers Cabin - £50.00 per calender month
Newerne Street Retail Unit (all bills paid by tenant) - £916.66 per calender month
A current total Gross rental income of £48,139
Services
Mains services believed to be connected.
All interested parties will make their own enquiry's.
Viewings
Strictly via prior appointment with Hills - Please give us as much notice as possible.
A great opportunity to acquire a mixed use investment opportunity comprising two retails units, office, five flats and car park, situated in a central position within Lydney's Town and generating a circa 8.75% yield with scope for increasing.
The property is currently producing circa £48,139pax in rental income and maintained throughout by the current owners. Benefiting for a sizable plot there is also scope to increase the size of the building and therefore the capacity of its income.
Positioned strategically on the north bank of the River Severn, Lydney is a thriving gateway town that blends industrial heritage with modern commercial potential. As the primary retail and service hub for the southern Forest of Dean, it offers a captive local audience and excellent regional connectivity.
The town sits on the A48, a primary trunk road that has been significantly improved to bypass the town centre, ensuring local commercial traffic remains fluid while maintaining rapid access to the national motorway network:
M4 Motorway (J21/J23): Approximately 15-20 minutes via the A48, opening up the M4 corridor to London and the South West.
M5 Motorway (J11/J11A): Approximately 25-30 minutes, providing a direct artery to the Midlands and the North.
Severn Bridges: Lydney is perfectly positioned for businesses serving both English and Welsh markets, with the Prince of Wales Bridge providing a fast route into North Bristol (approx. 30-35 mins) and the M48 offering quick access to Chepstow and Thornbury.
Tenure: Freehold
Sold as a going concern with tenants in situ.
Floor Area
Ground floor
Retail: 1260sqft
Office suite: 280sqft
Detached Cobblers Cabin: 200sqft
First floor:
Flat 1: (1 bedroom) 245sqft
Flat 2: (1 bedroom) 195sqft
Flat 5: (Bedsitting room) 280sqft
Second floor:
Flat 3: (1 bedroom) 510sqft
Flat 4: Two bedroom) 712sqft
Please Note
EPC Ratings:
Retail: B
Office suite: G
Detached Cobblers Cabin: C
Flat 1: C
Flat 2: D
Flat 3: C
Flat 4: C
Flat 5: E
Rent
Current rent roll:
Flat 1 - £650.00 per calender month
Flat 2 - £550.00 per calender month
Flat 3 - £410.00 per calender month (being negotiated to £600.00)
Flat 4 - £725.00 per calender month
Flat 5 - £650.00 per calender month
Flat 6 – No charge currently, as being used as a storage facility. Could be converted to retail.
Cobblers Cabin - £50.00 per calender month
Newerne Street Retail Unit (all bills paid by tenant) - £916.66 per calender month
A current total Gross rental income of £48,139
Services
Mains services believed to be connected.
All interested parties will make their own enquiry's.
Viewings
Strictly via prior appointment with Hills - Please give us as much notice as possible.
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Monthly repayment
£2,751 per month
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