Retail premises for saleLondon Road, Stroud, Glos GL5
Local area information
- Stroud (Gloucs) 0.1 miles
- Stroud Valley Community Primary School 0.2 miles
- St Rose's Special School (SEN) 0.3 miles
- Stonehouse 2.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
The property is situated on the outskirts of Stroud town centre on London Road, being within a small terrace including estate agents and professional offices.
Stroud is the third largest town in Gloucestershire with an affluent demographic catchment of approximately 110,000 people. A key driver for investment in the town is the advantage of a main line railway connection to London Paddington with the station just a short walk from the property. In addition, Stroud is on the crossroads of the A46 and A419 with excellent access to both the M5 and M4 and the nearby centres of Cheltenham, Gloucester, Bath, Bristol and Cirencester.
The property comprises of a four-storey period building, comprising of a self-contained retail premises on the ground floor, currently let to an estate agent, with the upper floors previously
The four flats on the upper floors are separately accessed from the rear and comprise of 3 1-bed flats and 1 studio flat.
Accommodation (all areas, where quoted, are approximate).
The Retail space has a net internal floor area of 65.48 m2 (705 ft2).
The Residential space - we have not had the opportunity to measure the residential accommodation.
We have not tested any of the existing service installations and interested parties are advised to obtain independent specialist advice regarding the condition of the service connections.
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.
The property is freehold
The existing tenancies are as follows:-
Ground floor – let to Perry Bishop on a 10 year lease that commenced in December 2016 with a passing rental of £11,500 p.a.
Flat 1 – let on a periodic tenancy at a rental of £460 pcm
Flat 2 – let on 12 month fixed term lease expiring 13 January 2023 at a rental of £555 pcm
Flat 3 – let on a periodic tenancy at a rental of £565 pcm
Flat 4 – let on 12 month fixed term lease expiring 24 March 2023 at a rental of £595 pcm
The property is awaiting an EPC rating and the Certificate will be available shortly upon request.
Offers invited based upon guide price of: £575,000, Subject to Contract
Property descriptions and related information displayed on this page are marketing materials provided by - Hawkins Watton Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hawkins Watton Limited for full details and further information.