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15 High St

796 SF Retail Building Cinderford GL14 2SE £200,000 (£251/SF) 6.75% Net Initial Yield

Shops & Retail Properties Gloucestershire Cinderford 15 High St, Cinderford, GLS GL14 2SE

Investment Highlights

  • Shared courtyard garden
  • Self contained building
  • Separate entrance for the commercial element

Executive Summary

Ground floor office accommodation with 2 bedroom flat above. The ground floor is currently occupied by Caremark(Herefordshire and Forest of Dean) with a lease start date of 1st April 2023 until 31st March 2026 with a mutual break option on the 31st March 2025. Current rental of £7,500 pa. The flat is currently let on an assured shorthold tenancy
agreement with a rental of £6000 pa.

Attachments

Briarwood-Chambers-Investment-Brochure-2

Property Facts

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
796 SF
Year Built
1960
Price
£200,000
Price Per SF
£251
Net Initial Yield
6.75%
NOI
£13,500
Tenancy
Single
Number of Floors
2
Building FAR
0.91
Lot Size
0.02 AC
Frontage
24 ft on High Street

Amenities

  • Bus Route
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Nearby Major Retailers

Co-operative Food
Tesco
Lidl
+44 1452 380064

Contact

  • Listing ID: 34343388

  • Date on Market: 02/01/2025

  • Last Updated:

  • Address: 15 High St, Cinderford GL14 2SE

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15 High St
+44 1452 380064 x

15 High St

Kurt Wyman

+44 1452 380064

+44 1452 380064

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