For sale

Millbrook House, George Street, Nailsworth

Investment Stroud Valleys For sale 406.73 m2 (4378ft2)

The property is a Grade II listed, double fronted building dating from the early 19th century, constructed in Cotswold stone beneath pitched tiled roofs. Originally built as a single dwelling, it was converted approximately 35 years ago to provide two self contained retail units at the front of the ground floor, with a single flat to the rear and six additional flats and studio apartments on the upper floors, all accessed from the rear.

Each of the flats and studio apartments is fully self contained, with appropriate kitchen and bathroom or shower facilities.

In general, the property has painted plastered ceilings and walls, wooden, vinyl or carpeted floors and electric wall mounted heaters.

There are storage buildings to the rear of the property, along with landscaped and hard standing areas and a pathway leads across the adjacent garden to two allocated parking spaces.

Energy Performance Certificate - EPC's are being prepared.

Address and Location

Address :

Millbrook House
George Street
Nailsworth
Stroud Valleys
GL6 0AG

Nailsworth is a town located at the confluence of the Avening Valley and Woodchester Valley within the southern Cotswolds with a population of some 5,800 (Census 2011), approximately 4 miles south of Stroud (via the A46 trunk road), 13 miles west of Cirencester, 13½ south of Gloucester, 18 miles south of Cheltenham, 8 miles east of Dursley and 28 miles northeast of Bristol.

Motorway access is available at Junction 13 of the M5 motorway, 8 miles to the northwest, whilst Junction 18 of the M4 motorway is approximately 15 miles to the south.

Rates

The Rateable Values listed on the Valuation Office Agency website from 1st April 2026 for the two retail units is £17,400. The flats fall within Band A for Council Tax purposes.

Accommodation

Tenancy Schedule

(Net internal areas)

Property Area Description Rent (per month) Tenancy Rateable Value/Council Tax Band
Ground Retail Unit 34.84 m2 375 ft2 Florist £800 7 years from September 2022. £8,900

 

Retail Unit 37.35 m2   402 ft2 Tattooist £666.67  (£791.67 from 07/28) 7 years from July 2025. £8,500

 

 

      £17,600 per annum (£19,100 from 07/28)    

 

Flat 1  37.00 m2 398 ft2  1 bedroom flat  £450  AST   A

 

Flat 7 32.84 m2  353 ft2  Studio flat  £350  AST  A
First Floor Flat 2 48.20 m2  519 ft2  1 bedroom flat  £620  AST   A

 

Flat 3 51.84 m2  559 ft2  1 bedroom flat  £470  AST   A

 

Flat 4  50.34 m2 542 ft2  1 bedroom flat  £550  AST   A
Second Floor Flat 5 30.16 m2   325 ft2 Studio flat  £230  AST   A

 

Flat 6 84.16 m2  906 ft2  2-bedroom flat  £600  AST   A

 

 

    TOTAL £39,240 per annum    

Planning

The property has been used for general retail and residential within Classes E and C3 of the Use Classes Order 1987.

Terms

Terms

The property is offered freehold subject to the occupational tenancies in place. Money Laundering Regulations As part of our obligations under the UK Money Laundering Regulations 2017, ASH will require a purchaser to provide proof of identity along with any other required documentation to satisfy antimoney laundering regulations.

VAT

The property is not elected for VAT.

Costs

Legal Costs

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

Property Disclaimer

ASH Chartered Surveyors for themselves and for the vendors or lessors of this property for whom they act, give notice that:

  1. these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract;
  2. ASH Chartered Surveyors cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy;
  3. no employee of ASH Chartered Surveyors has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property;
  4. rents quoted in these particulars may be subject to VAT in addition; (v) ASH Chartered Surveyors will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and
  5. the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements.

Code of Practice for Commercial Leases in England and Wales

You should be aware that the Code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licenced conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations.

Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, ASH will require any tenant/purchaser to provide proof of identity along with any other required documentation to satisfy anti-money laundering regulations.

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Investment Stroud Valleys For sale 406.73 m2 (4378ft2) Price: £785,000

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