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Gloucestershire Business News

Retail unit, 14 High Street, Stroud

The property comprises a mid-terrace building of masonry construction with painted rendered elevations under a pitched tiled roof.

The available accommodation is divided to provide a ground floor open plan retail area with kitchen and WC facility to the rear. At the back of the premises there is a covered yard area which backs onto a 2-storey building which is currently used for storage and a loading area.

The premises benefits from 2 private parking spaces in tandem at the rear of the property which are accessed from Threadneedle Street. Mains electricity and water utilities are connected to the property.

The tenant is not responsible for the repair of the 2-storey building at the back of the premises.

The property has an EPC rating of C-52. Certificate Ref No: 0380-0631-4169-1991-8006.

Location:

The property is located within the main pedestrian High Street within Stroud town centre and is recognised as an established trading area. The premises are approximately 0.1 miles from Stroud Railway Station.

The town is well placed, being 10 miles south of Gloucester, 12 miles west of Cirencester and 30 miles north of Bristol and road communications via the National Motorway network are provided by Junction 13 of the M5 (4 miles) and to the M4 via either the A46 or via Cirencester and the newly upgraded A419 road to Swindon.

Accommodation:

Approximate Net Internal area

Main retail area: 93.42 sq m (1,005 sq ft)

Kitchen: 14.38 sq m (154 sq ft)

Ground floor storage: 26.72 sq m (287 sq ft)

First-floor storage: 27.16 sq m (292 sq ft)

Total: 161.68 sq m (1,740 sq ft)

Rent:

£22,000

Rates:

The entry appearing on the Valuation Office Agency website are as follows:

Rateable Value: £18,000

Rate in £ 2022/2023: 0.499

Prospective occupiers are advised to make their own enquiries of the Local Authority to establish the position in respect of the inheritance of transitional relief.

Planning:

Within Class E (formerly A3) of the Use Classes Order 1987.

Terms:

By way of assignment of an existing lease expiring January 2031. A copy of the lease can be provided on request.

VAT:

The Property is not elected for VAT.

Legal costs:

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

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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