Stroud - Fromehall Mill, Lodgemore Lane, GL5 3EH

Stroud is a busy Cotswold market town with a population of approximately 38,000 and a catchment area of about 105,000, which lies on the A46 Cheltenham to Bath road. The town is approximately 10 miles south of Gloucester, 12 miles west of Cirencester and 30 miles north of Bristol.  Road communications to the national motorway network are provided by Junction 13 of the M5 approximately 4 miles to the west of the town, and to the M4 via either the A46 or via Cirencester and the newly upgraded A419 road to Swindon. The property is the western section of Fromehall Mill being adjacent to the River Frome and is close to the Stroudwater Canal. Access is from Lodgemore Lane which is on the left-hand side of the Cainscross Road (A419) as you approach Stroud High School from the town centre. It is accessed via two narrow lanes over the canal, Chestnut Lane and Lodgemore Lane.

• Fromehall Mill pdf, 1.31 Mb

The property has been individually assessed for rating purposes and further information is available from the agents.

(All areas and dimensions are approximate)

The property has previously been used for storage, workshops and offices which fall within Classes E (previously B1), B2 or B8 of the Use Classes Order 1987.

Terms

The property is offered freehold with vacant possession. The uses are restricted to light industrial premises, warehouses and offices but for no other purpose.

VAT

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

Service Charges

All mains services are believed to be available. Interested parties will need to make their own enquiries as to servicing/infrastructure involved in any redevelopment scheme.

Legal Costs

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

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.