This property presents a compelling opportunity for investors and developers looking for mixed-use potential in the bustling town centre of Cinderford. Occupying a prime position on Market Street, the premises feature an expansive glazed shop front that offers significant visibility for commercial ventures. Previously home to a carpet and flooring retailer, the commercial space is complemented by a basement that provides valuable storage along with possibilities for further development or alternative uses, pending requisite consents.
The residential unit, identified as 19A, boasts its own separate entrance and includes a spacious two-bedroom maisonette. This well-laid-out accommodation consists of a living room, kitchen, bathroom, and a second bedroom on the first floor. A spiral staircase leads to the upper level housing a generous principal bedroom with additional attic storage. Currently rented out under an assured periodic tenancy, this component offers an immediate income stream.
With ongoing regeneration efforts enhancing Cinderford's appeal as both a retail and residential hub, this property stands out for its investment potential. There is ample scope to add value through refurbishment or reconfiguration of both commercial and residential spaces. The detached garage in the rear parking area also requires attention but brings additional opportunities for improvement or development.
The convergence of retail and residential elements creates a distinctive investment prospect that could allow buyers to enhance their portfolio while benefiting from the area’s economic growth.
