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5 bed property, in Newland Street, £420,000
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5 bed semi-detached house

Newland Street, Coleford GL16
£420,000

Our Summary

  • Residential development potential
  • A rare opportunity for an imaginative developer/retailer to acquire this historic Grade 2 listed property featuring further development potential; comprising of a three story lockup shop (formally x2 period town houses)
  • NOTE: The property should be considered for redevelopment to include 2x2/3bedroom terraced town houses, a detached 3 bedroom house and circa x6 flats with car parking to the rear (subject to obtaining planning consent)

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Description

The property is a freehold commercial location with potential for residential development. It has a 501m2 internal floor area and includes a three-storey lockup shop, previously two period town houses, with outbuildings to the rear and side, and a yard with 10 vehicle spaces. The property is situated just outside the town centre and features a Grade II listed building with opportunities for redevelopment, including 2-3 bedroom terraced town houses, a 3-bedroom detached house, and up to 6 flats with car parking, all subject to obtaining planning consent.