Lot 39 - 15-16 Market Place, Coleford, Gloucestershire, GL16 8AW

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Lot 39 - 15-16 Market Place, Coleford, Gloucestershire, GL16 8AW

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Guide Price* : £250,000+

  • Unconditional Online Auction Sale
  • 3 Bedrooms

Lot 39 - Commercial Investment Opportunity

Description

ONLINE AUCTION from 14th APRIL - 16th APRIL 2026

The property comprises a mid terrace, three-storey, mixed-use building of traditional construction.

The ground floor provides two self-contained retail units with frontage onto Coleford Square. The upper floors comprise three one-bedroom apartments, each with separate access to the rear. The residential units also benefit from off-road parking.

The property occupies a central position within an established retail parade and offers potential for further development to the rear, subject to the necessary planning consents.

Accommodation

Tenant Rent
Apartment One (15A) Let at £6,000 per annum
Apartment Two (16A) Apartment Two (16A) – Vacant (Estimated Rental Value £7,200 per annum)
Apartment Three (15B) Vacant (Estimated Rental Value £7,200 per annum)
Commercial Unit One (Kebab Shop) £15,340 per annum
Commercial Unit Two (Book Shop) £8,840 per annum
Total Rental Income £30,180 per annum
Potential Rental Income (Fully Let) £44,580 per annum

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Virtual tour

Guide Price* : £250,000+

  • Unconditional Online Auction Sale
  • 3 Bedrooms

Lot 39 - Commercial Investment Opportunity

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Paul Fosh Auctions

01633 254044

Office Contact

James Hollingsworth

jamesh@paulfoshauctions.com 7930173054
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Documents

Lot 39 - 15-16 Market Place, Coleford, Gloucestershire, GL16 8AW

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