Rarely available investment opportunity in the heart of Newent. A freehold building consisting of office space over two floors. Good rental returns or an ideal base to run a business from. Potential rental income Of £650 pcm with a potential yield of around 5%
- Investment property
- Close to town
- Potential rental £650 PCM yield at around 5%
- No chain
- Split over two floors
- Ideal for small business use
Accommodation
The offices are well appointed and split over two floors currently set up with reception area with staff W.C and kitchenette area, open office to first floor. Other benefits include:
The offices:
• Upvc double glazing
• CCTV covering all of the building externally and some internal cameras
• Burglar Alarm
• Electrical trunking with plenty of IT points back to central location.
• Loft fully boarded with access for storage and power.
• Disabled access into the building
Outside
The property owns the footpath/pavement to the front of the property and allows pedestrian right of way. There are 2 doors leading into the separate offices. The Flat can be accessed to the rear of the premises through it's own entrance.
Situation
Newent originally called Noent is a small market town about 8 miles north west of Gloucester, on the northern edge of the Forest of Dean. The town includes a half-timbered market house, plus other houses of historical nature and Newent Lake a large picturesque lake in the centre of the town, originally part of the Newent Court Estate is the 'jewel of the town'. There are many independent businesses in Newent
Newent is served by three schools, all within the town, a doctors surgery and dentist, Sports & Leisure Centre and various churches of different denominations. With excellent motorway links to the M50 & M5.
Directions
From our Newent office, head along the High Street and into Broad Street. Take the first turning on the left hand side into Court Lane and the property can be found on the left.
Tenure, Services, Local Authority
Freehold
Mains electric, drainage and water
Forest of Dean district council