Offers in region of
£595,000
(£263/sq. ft)
Land for saleDevelopment Land & Britannia House, High Street, Bream. GL15
2 baths
4 receptions
2,260 sq. ft
EPC Rating: B
Freehold
About this property
Commercial and residential
Development potential
Flexible accommodation
High rental income potential
Prime investment
Prime location
Can be offered with vacant possession
Description
An opportunity to acquire a substantial three storey commercial building with a large amount of surrounding land, formally holding outline planning consent for the erection of two detached and a pair of semi-detached dwellings. (planning permission P0671/11/out).
The building is currently let to a longstanding tenant at £18,400pax. There is also a "sub" lease. Although currently commercial the building could be redeveloped to create residential accommodation to compliment the former residential planning consent.
Situated in the village of Bream, this location offers a range of amenities to include: Cafes, public houses, doctor's surgery, pharmacy, primary school, butchers, hotel, supermarkets, pet groomers and sports club.
The market town of Lydney is approximately 3.2 miles distance where there are a further range of facilities. A wider range of facilities are also available throughout the Forest of Dean including an abundance of woodland and river walks. The Severn crossings and M4 towards London, Bristol and Cardiff are easily reached from this area along with the cities of Gloucester and Cheltenham for access onto the M5 and the Midlands.
Tenure: Freehold
Britannia House has a lease with long standing tenant in situ along with "sub let".
Services
All interested will make their own enquires.
Viewings
Strictly via prior appointment with Hills
Price
Price exclusive of VAT whether charged or not.
Rates
Please note there are business rates associated with the commercial element of this property.
An opportunity to acquire a substantial three storey commercial building with a large amount of surrounding land, formally holding outline planning consent for the erection of two detached and a pair of semi-detached dwellings. (planning permission P0671/11/out).
The building is currently let to a longstanding tenant at £18,400pax. There is also a "sub" lease. Although currently commercial the building could be redeveloped to create residential accommodation to compliment the former residential planning consent.
Situated in the village of Bream, this location offers a range of amenities to include: Cafes, public houses, doctor's surgery, pharmacy, primary school, butchers, hotel, supermarkets, pet groomers and sports club.
The market town of Lydney is approximately 3.2 miles distance where there are a further range of facilities. A wider range of facilities are also available throughout the Forest of Dean including an abundance of woodland and river walks. The Severn crossings and M4 towards London, Bristol and Cardiff are easily reached from this area along with the cities of Gloucester and Cheltenham for access onto the M5 and the Midlands.
Tenure: Freehold
Britannia House has a lease with long standing tenant in situ along with "sub let".
Services
All interested will make their own enquires.
Viewings
Strictly via prior appointment with Hills
Price
Price exclusive of VAT whether charged or not.
Rates
Please note there are business rates associated with the commercial element of this property.
Mortgage calculator
Monthly repayment
£2,976 per month
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