LET

Stroud - Retail Unit, 14 High Street, GL5 1AS

Retail Stroud Valleys To let 161.68 m2 (1740ft2)

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.

Address and Location

Address :

14 High Street
Stroud
Stroud Valleys
GL5 1AS

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.

Rates

The entry appearing on the Valuation Office Agency website are as follows:
 
Rateable Value: £23,500
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.

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 

Planning

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

Terms

Terms

The property is offered by way of a new lease for a term to be agreed.

VAT

The Property is not elected for VAT.

Costs

Legal Costs

Each party to be responsible for 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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Retail Stroud Valleys To let 161.68 m2 (1740ft2) Rent: £22,000

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