Unit 7 and 8 High Street, Stroud
The property comprises a mid-terrace building of concrete frame construction with brickwork elevations under a pitched tiled roof.
The property is divided to provide a ground floor open plan retail unit with separate rear office and loading area.
A staircase leads to the first-floor accommodation which is made up of a large store area, kitchen, and WC facility.
The building benefits from a rear loading door which leads to a public car park just off Bedford Street. Mains electricity and water utilities are connected to the property.
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.
(Approximate Net Internal area)
Main Retail Area: 98.19 sq m (1057 sq ft)
Office/Store Area: 25.82 sq m (278 sq ft)
First Floor Store: 52.88 sq m (580 sq ft)
Kitchen/Store: 6.41 sq m (69 sq ft)
TOTAL: 184.31 sq m (1,984 sq ft)
The entries appearing on the Valuation Office Agency website are as follows:
Rateable Value: £35,000
Rate in £ 2020/2021: 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.
Within Class E of the Use Classes Order 1987.
By way of a new FRI lease for a term to be agreed.
The property is not elected for VAT.
Each party to be responsible for their own legal costs incurred in the transaction.
Simon McKeag: 07737 691453
Harry Pontifex: 01242 255242
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