Summary - UNIT 144G, LYDNEY INDUSTRIAL ESTATE, HARBOUR ROAD GL15 4EJ
1 bed 1 bath Commercial Property
Income-producing industrial unit with long lease and refurbishment potential near transport links..
3,951 sq ft of flexible industrial accommodation
Long leasehold: 959 years remaining
Income-producing: tenant in situ, rent steps from £12k to £13k
Service charge £3,215 per year
Onsite garage/parking and good vehicular access
High ceilings, mezzanine and roller door for loading
Rooftop wear and some damp; maintenance required
Average broadband/mobile; ageing industrial local area
A substantial mid-terraced industrial unit on Lydney Industrial Estate offering 3,951 sq ft of flexible commercial space and long leasehold security. The unit is currently let on a five-year lease with stepped rent (£12,000 year 1; £13,000 year 3–5), making it suitable for buy-to-let investors seeking immediate income and a stable tenant in situ.
Internally the layout combines ground-floor office/reception, production area, WC and mezzanine, supporting light manufacturing, storage or distribution. The building’s high ceilings, steel-beam structure and roller door provide practical loading and operational capacity. Vehicular access and onsite parking/garage space support day-to-day logistics.
Notable considerations: the property shows rooftop wear and some damp evidence and will need maintenance work; the service charge is £3,215 per year. Broadband and mobile signals are average and the site sits in an ageing industrious-worker area rather than a high-growth commercial district. There is no flood risk and the estate has good access to national travel networks.
For an investor this is a pragmatic, income-producing opportunity with long lease security (959 years remaining) and potential to add value through refurbishment or by re-gearing at lease expiry. Buyers should factor immediate repair costs and ongoing service charge into yield calculations.
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