Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a value-add retail investment opportunity let to Co-op Funeralcare and benefitting from asset management potential.
Arranged as a detached retail unit with a separate garage block and yard to the rear, the property is currently fully let to Central England Co-Operative Limited on a lease expiring 04.11.2031 and paying £7,500 per annum.
The current passing rent reflects a very low rent of £4.60 per sq ft. We therefore consider that the property may benefit from asset management potential via improvement of the annual rent upon review (due November 2026).
The property benefits from a prominent frontage to Cinderford High Street, an established mixed-usae area characterised by retail, light industrial and residential uses.
Tenure
Freehold
Tenancy
The property is currently fully let to Central England Co-Operative Limited on a lease expiring 04.11.2031 and paying £7,500 per annum.
The lease is on full repairing and insuring terms and includes a rent review and tenants break option 05.11.2026.
Central England Co-Operative Limited
Rent