Property description

Cavendish Buildings comprises of an uninterrupted mix of both ground floor retail outlets, office accommodation and a 1st floor suite of offices. Built 1962. Excellent Investment opportunity.

The Property:
Cavendish Buildings offers the private investor an opportunity to purchase a Freehold modern town centre building located between the busy High Street shopping area and Tesco's at the Upper end of Lydney. The units benefit from glazed frontage, kitchen and WC facilities. The units are front to back with excellent display windows, ample customer space with the restaurant seating in excess of 50 clients. All kitchens and washing facilities are located to the rear of the ground floor premises with all having rear access. There is a Public Car-Park to the rear of the building and free short term parking to the immediate front. Specific rent received and payment dates are available from the selling agents with an annual rent figure listed within these particulars. Serious applications for detailed information should be made via email to: allan@deanestateagents.co.ukThe commercial units offer separate tenancies in respect of the ground floor retail units and with assumed established A1 (retail), A2 (Financial and Professional Services) & A3 (hot food and Licenced) uses as detailed in the Town & Country Planning Order 1987.The retail units are generally let to private individuals with excellent customer base whilst the first floor office accommodation is let to an established firm of solicitors.

Lydney Area:
The thriving town of Lydney covers approximately eight square miles, and stands on the north bank of the UK's longest river, the Severn. Its excellent transport links have ensured that it is a lively place to both live and work, with a very good range of shops, a leisure centre and sports facilities, as well as a thriving business sector. There are also over 30 pubs, cafes and restaurants, serving a wide variety of meals. Lydney Rugby Club is famous nationally, as well as locally, there is an open-air swimming pool and, of course, the town is surrounded by the Royal Forest of Dean, with its beautiful walks and cycle paths.Lydney Town hosts a wide variety of shopping and Cavendish Buildings attracts its own customer support with the varied businesses in residence.

General Information:
Certificates:It is assumed (although not guaranteed) that all Tenants have up to date gas and electrical certificates. The relevant checks should be made at the appropriate time and before any sale is agreed. The Landlord is responsible for initiating the Buildings Insurance which is shared in cost by the Tenants. Submitting your offer:Any offer to purchase this property must be made in writing and contain the full names of the purchaser/s. The address, proof of funds and details of any financial advisor that may be assisting. We would also like timescales and any conditions discussed to be put in writing. The offer letter is to be sent to Dean Estate Agents - Coleford office. Address contained within this document.Lease Type:Full Repairing and Insuring Leases. This type of Lease is common wherein the Tenants share the cost of repairs to the building along with the Buildings Insurance. Insurance:Currently, all tenants are required to contribute to insurance costs.Current Rent:The total approximate rent received per annum = £43,000 Costs:Each party responsible for own legal costs.EPC: Awaiting Inspection.VAT:Under the Finance Acts 1989 and 1997, VAT may be levied on the rent/sale price. We recommend that prospective purchasers establish any implications before entering into agreement.Viewing Information:Strictly by appointment with the Sole Marketing Agent - DEAN ESTATE AGENTS. No callers to the Tenants please, appointments must be made.FAO: Allan Wasley24 Market PlaceColefordGloucestershireGL16 8AE01594 835751

Consumer Protection from Unfair Trading Regulations 2008
Dean Estate Agents Ltd have prepared the information within this website/brochure with infinite care. It is intended to be indicative rather than definitive, without a guarantee of accuracy. Before you act upon any information provided, we request that you satisfy yourself about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. These details do not constitute any part of any Offer, Contract or Tenancy Agreement. Photographs used for advertising purposes may not necessarily be the most recent photographs, although every effort is made to update photographs at the earliest opportunity. Any reliance you place on such information is therefore strictly at your own risk. All photographic images are under the ownership of Dean Estate Agents Ltd and therefore Dean Estate Agents retain the copyright. You must obtain permission from the owner of the images to reproduce them. Energy Performance Certificates are supplied to us via a third Party and we do not accept responsibility for the content within such reports. Through this website you may be able to link to other websites which are not under the control of Dean Estate Agents Ltd. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Dean Estate Agents are the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.We look forward to your enquiry.01594 835751

Property Features :

• INVESTMENT OPPORTUNITY
• 5 RETAIL/OFFICE OUTLETS
• 1ST FLOOR OFFICE SUITES
• HIGH STREET LOCATION
• LONG-STANDING TENANTS