The property is situated just off the High Street being adjacent to the onsite parking in and around the environs. The shop is close to the Subscription Rooms and benefits from being an effective link between George Street, Kendrick Street, King Street and the High Street. This is an excellent location for use as a fish and chip shop.
Stroud is a busy Cotswold town which serves a wide demographic catchment embracing the five valleys. Stroud benefits from a main line railway station to London Paddington. Equally both the M4 and M5 are readily accessible as are the nearby centres of Cheltenham, Gloucester, Bristol, Bath and Swindon. Description
The property is of modern construction having cavity walls faced externally with reconstituted stone all under a flat room to one part and a three storey brick extension to the other. As a result the accommodation is particularly well proportioned to both ground and first floor with a self-contained two bedroomed maisonette to one side.
Accommodation (all areas, where quoted, are approximate). Description Sq ft M₂ Ground floor fish & chip shop 620 57.6 Ground floor preparation room 570 53.0 Ground floor separate sit down ‘cafe’ 350 32.5 Total 1540 143.1
The Residential accommodation comprises:- Lounge Kitchen, bathroom and two bedrooms over two floors
Small yard for bins etc and steps up to independent door to the flat (13a). Services
All mains services are connected or available. Ratings
Interested parties are advised to make their own enquiries to the billing authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the rating assessment. Tenure
The property is freehold Tenancies
The original lease in respect of 13 and 13a Bedford Street is dated December 2017 for a term of 15 years. The commencing rent was £18,000 p.a. For the first 3 years. The next two is £21,000 p.a. And there is the Rent Review at the 5th and 10th anniversaries. Since the start of that lease the ground floor ‘cafe’ has been added (13b Bedford Street) at £6,500 p.a. Upto the first review, thus providing an income of £27,500 p.a. A copy of the lease and the Addendum is available upon receipt. EPC
The property has an EPC rating of E (subject to review after ‘improvements) and the Certificate is available upon request. Freehold price
Offers invited based upon guide price of: £450,000, Subject to Contract
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