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Gloucestershire Business News

Former Stroud flour mill sold at auction

A former flour mill in the centre of Stroud sold at auction on Wednesday, October 16.

Bidders battled it out to purchase freehold of the five-storey 'Kimmins Mill', which had a guide price of £100,000 to £125,000.

The 19th century property sits next to the Sainsbury's car park at Dudbridge in Stroud and has sat empty since Stroud Mills Heritage Centre closed at the site last year.

Heritage centre volunteers occupied the building from 2000, but in 2018 owners Sainsbury's handed them notice to vacate the premises.

Advertised as having re-development potential for a variety of uses, after a bidding war the building sold for a hammer price of £280,000.

Prior to the auction, a spokesperson for the auctioneers said: "This is a rare and exciting opportunity to acquire this 19th Century former flour mill arranged over five floors, providing extremely spacious accommodation.

"The mill requires renovation throughout and is considered suitable for a multitude of uses, subject to all necessary consents being obtainable."

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