2-bed apartment for sale

Gloucester

2 bedrooms1 bathroom

163.142 €

Listed Aug 27, 2026

About this listing

For sale by Online Auction. 23rd of September 2026. Description An excellent opportunity for investors, developers, owner-occupiers or those seeking a retail premises with the added benefit of separate residential accommodation. Occupying a prominent position on one of the busiest sections of Market Street in the heart of Cinderford town centre, the property enjoys an extensive glazed shop frontage, providing excellent visibility and display potential. Most recently occupied by a successful carpet and flooring retailer, the premises are now available following the business's relocation to larger premises. The commercial accommodation includes a useful basement offering extensive storage space together with potential for further development or alternative uses, subject to the necessary consents. The basement also provides access to the rear parking area, where there is a detached garage requiring extensive refurbishment. The residential accommodation, known as 19A, benefits from its own independent entrance and comprises a spacious two-bedroom maisonette. The first floor offers a sitting room, kitchen, bathroom and second bedroom, while a spiral staircase leads to the upper floor, providing a generous principal bedroom together with a useful attic storage area. The maisonette is currently let on an assured periodic tenancy, providing an immediate income stream for purchasers. Location Cinderford is the principal commercial centre within the eastern Forest of Dean and serves a wide surrounding rural population. The town offers an excellent range of independent retailers, national supermarkets, cafs, schools and public services, together with good road links to Gloucester, Cheltenham, Monmouth and the M5 motorway. Its position within the Forest of Dean also attracts visitors throughout the year, supporting a thriving local economy and making the town an increasingly attractive location for retail, residential and mixed-use investment. The town continues to benefit from ongoing regeneration initiatives designed to strengthen the vitality of the town centre and encourage further investment. This is a versatile mixed-use property offering excellent investment potential, scope to enhance the commercial premises and basement, and the opportunity to retain or further develop the residential accommodation, subject to the necessary consents. Development & Investment Potential The property offers considerable scope to add value through refurbishment, reconfiguration or redevelopment, subject to obtaining any necessary planning permissions and statutory consents. The extensive basement provides potential for additional commercial accommodation, storage, workshop space or other alternative uses, while the rear garage and parking area offer further opportunities for improvement. With an established residential income already in place from the self-contained maisonette and the flexibility to occupy or re-let the commercial premises, the property presents an attractive proposition for investors seeking immediate income together with future asset enhancement. The combination of retail, residential and development potential makes this a rare mixed-use opportunity in a prominent town centre location. Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk. Auction Information. To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk. UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated). Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us. Special Conditions Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations. Material Information Material information will be provided within the legal pack- to download visit our website tcpa.co.uk. Auctioneer Notes The vendor reserves the right to withdraw the property for sale before the auction end date. Cash buyers or pre-approved mortgages/finance only.

What's included

Parking

Location

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Listed on

Rightmove