The situation The property is situated in Regent Street close to the junction of the High Street and Bath Road. Stonehouse is a busy town located on the edge of the Stroud valleys close to Junction 13 of the M5 Motorway. The town benefits from the ever growing business parks and easy access to the nearby centres of Stroud, Cheltenham and Gloucester. The town has a main line railway station to London Paddington.
The premises The property is of conventional brick construction and has been extended and enhanced to provide flexible lock-up retail accommodation. The premises have an extensive window frontage. The two bedroom flat above is not included in the sale but the vendor may consider selling the whole property.
The accommodation comprises (all dimensions are approximate):
Gross internal frontage 40'0”
Net internal frontage 37'6”
Net internal floor area 798 sq ft
Staff room/kitchen 10'4” x 7'8” with lobby and door to cloakroom and WC
lease A new lease for three years on essentially internal repairing and insuring terms is available at a rental of £12,500 per annum exclusive.
Services All mains services are understood to be connected. A gas fired boiler in the staff room/kitchen provides hot water and central heating.
Outgoings The Rateable Value in 2017/2018 is believed to be £6400 with Business Rates being payable in this period of £2982.40 before any business relief given if applicable.
Price £130,000 subject to contract for shop only
costs As is normal the ingoing tenant will be liable for the landlord's legal costs
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