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Gloucestershire Business News

Stonehouse - Units 1 and 6 Upper Mills Trading Estate, Bristol Road

Description:

The properties comprise 2 adjoining buildings on the Upper Mills Trading Estate.

Unit 1 comprises a two-storey building of stone construction under a pitched clad roof. The property is accessed by way of a pedestrian door and there is a loading bay to the front.

The layout is cellular and includes a range of offices, stores and workshops with a kitchen and WC also provided. The property benefits from uPVC windows, has strip lighting and electric wall mounted heaters.

Unit 6 is a three-storey former Mill Building of stone construction under a pitched tiled roof with parapet walls. Each floor is accessed from a communal staircase and comprises the main workspace with WC facilities. The ground floor has been used as a workshop; the first floor is fitted out as a commercial kitchen and the top floor, a photographic studio.

There is allocated parking adjacent to the buildings.

Tenancies

Unit 1: Vacant.

Unit 6 - ground floor: Occupied by way of a lease for a period to expire 23rd October 2020 at a rent of £3,000 per annum.

Unit 6 - first floor: Vacant.

Unit 6 - second floor: Occupied by way of a lease for a period to expire 23rd October 2020 at a rent of £4,200 per annum.

Copies of the tenancy agreements are available upon request.

Unit 1 has an Energy Performance rating of F-138. Certificate Ref. No. 9673-3039-0053-0900-2391.

Unit 6 has an Energy Performance rating of E-123. Certificate Ref. No. 0490-9655-2830-3100-9203.

Location details:

The units are located on the Upper Mills Trading Estate just off the A419 Stroud to M5 motorwaylink. Junction 13 is 3 miles to the west and Stroud is 3 miles to the east. The M5 offers excellent access to Bristol and Gloucester. Upper Mills Estate is an established industrial estate comprising predominantly older, former mill buildings, but with some modern additions. There is allocated parking and a good circulation area.

Accommodation:

Approximate gross internal area

165.46 sq m (1,781 sq ft)

Rates:

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

Rateable Value:

Unit 1: £7,300

Block 6 Ground Floor: £1,975

Block 6 First Floor: £1,700

Block 6 Top Floor: £1,300

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

The properties have been used for a range of uses including storage, workshop, offices, commercial kitchen and a photography studio.

Terms:

The property is offered freehold subject to the occupational tenancies outlined above.

VAT:

The properties are not elected for VAT.

Service Charges:

A charge is levied by the Estate Landlord to cover the costs associated with the upkeep and maintenance of the communal areas.

Legal Costs:

Each party to bear their own legal costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Rebecca Rigg: 01452 300433

Harry Pontifex: 01242 255242

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