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Gloucestershire Business News

43 King Street, Stroud

Description:

The property comprises of an attractive period building which is arranged over ground, first, second and third floors with the lower ground floor benefitting from rear loading and delivery access.

The ground floor and basement are let to the Coventry Building Society and the ground floor has been fitted out as a retail bank.

The upper floors are separately accessed from the front and extend over the front section of the building only. These floors are currently vacant and benefit from planning consent to create two self-contained flats.

Planning Ref: S./1471/FUL.

There is further potential to extend the upper floors to the rear above an existing flat roof, subject to obtaining the necessary planning consent.

EPC: Awaiting EPC.

Location details:

Stroud is located in the county of Gloucestershire within six miles of Junction 13 of the M5.

Stroud is surrounded by the Cotswold area of Outstanding Natural Beauty and acts as a focal point for many affluent surrounding villages.

The property is located within Stroud's prime retail zone in a pedestrianised area on King Street, in close proximity to the High Street and adjacent to the Merrywalks shopping centre.

Accommodation:

The property provides the following Net Internal Area

490.5 sq m (5,279 sq ft)

Tenure:

Freehold.

VAT:

We understand the property is not elected for VAT.

Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the implications before entering into any agreement.

Legal Costs:

Each party is to be responsible for their own legal costs incurred in the transaction.

Contact:

Alder King Property Consultants 

John Hawkins

01452 627135

jhawkins@alderking.com 

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