This historic Grade II Listed property presents a compelling opportunity for developers and retailers looking to capitalize on its renovation and investment potential. Originally constructed as two period townhouses, the building now operates as a three-story lockup shop, offering a unique canvas for transformation.
In addition to the main structure, the property boasts substantial outbuildings both single and two stories in height, which can serve various purposes such as production or storage. A yard at the rear accommodates approximately 10 vehicles, providing convenient access from Newland Street and enhancing its appeal for commercial activities.
Located just outside the bustling town center of Coleford, this site benefits from proximity to local amenities as well as consistent foot traffic. The growing popularity of Coleford is closely linked to its nearness to the Forest of Dean and Wye Valley, making it an attractive location for both residents and visitors alike.
Potential redevelopment could include plans for multiple residential units—including two or three-bedroom terraced houses and flats—subject to obtaining necessary planning consent. Proposed architectural layouts are available upon request, detailing how the space could be optimized for both residential and commercial use.
The total gross internal area measures approximately 5,398 square feet (501 square meters), providing ample room for various development ideas. Mains services are believed to be accessible; however, interested parties are encouraged to conduct their own inquiries. The property is being offered freehold with vacant possession.
For those looking at future growth in this area, this property represents a noteworthy investment opportunity with significant potential for value enhancement through strategic renovation and development. Viewings are available by appointment through Hills.
