3 bedroom Mixed Use in Coleford

15-16 Market Place, Coleford, Gloucestershire GL16 8AW
  • Property Type: Mixed Use
  • Contract Type: Unconditional with Variable Fee

Guide Price* £310,000+ plus fees

Property Description

A mixed use investment opportunity comprising three one bedroom apartments and two commercial units along with car parking. Total income £31,640 per annum with scope to increase subject to letting the two vacant apartments. Tenancy Details: Apartment One - Vacant. Apartment Two - Let at £7,200 per annum. Apartment Three - Vacant. Commercial Unit One (kebab shop) - £15,340 per annum. Commercial Unit Two (book shop) £9,100 per annum. Accommodation: Shop - 6.62m x 3.34m (21ft 9 x 10ft 11) Window to front, open plan to: Inner corridor leading to: Back Office - 2.00m x 2.67m (6ft 7 x 8ft 9) Window to side, door to: Inner Lobby - Door to: Wc Low level WC, window to side. Shop Window to front, open plan to: Prep Room Access to: Store Providing further prep area/storage space. Rear Lobby Door to: WC. Store Room Accessed from rear of the building. First Floor Communal landing with access to: 15A Entrance Hall Doors to: Bedroom 4.78m x 2.31m (15ft 8x 7ft 7) Window to front. Inner Hall Window to side, steps, door to: Kitchen 1.68m x 1.54m (5ft 6 x 5ft 1) Bathroom Window to side. Living Room - 3.55m x 2.69m (11ft 8 x 8ft 10) Window to rear, window to side, door to Airing Cupboard. 16A One Bedroom Flat (Indicative) This property was not available for inspection at the time particulars were prepared but offers a living room, kitchen, bedroom and bathroom. Second Floor Communal hall providing access to: 15B Entrance Hall Doors to: Living Room - 3.56m x 4.07m (11ft 8 x 13ft 4) Two windows to front. Kitchen - 2.72m x 2.78m (8ft 11 x 9ft 1) Window to rear, open plan to airing cupboard. Bedroom - 4.79m x 2.88m (15ft 9 x 9ft 5) Window to front. Bathroom Wc Outside: To the rear, is a garden area and off road parking which has the potential to be developed further, subject to any planning consents that may be required.

Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 29th October 2025

Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

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