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5 bed property
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Our Summary
- Unique and versatile investment opportunity, positioned in a prominent high street location, offering a well-established retail unit alongside three income-generating residential units
- AccommodationA rare opportunity to acquire a fully let, mixed-use investment located on Lydney’s main commercial street, offering immediate income with potential for long-term growth
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Description
The property is a mixed-use investment located on Lydney's main commercial street. It offers a retail unit on the ground floor, extending to approximately 520 sq ft, and two well-presented flats above the shop. The retail unit is currently let, producing an annual income of circa £6,000, and the flats are let on Assured Shorthold Tenancies, earning £750 and £720 pcm respectively.
A one-bedroom cottage to the rear of the property is also let, generating an additional £780 pcm. The property benefits from a rear courtyard and parking area, and generates a gross annual income of approximately £33,000.