Mixed use Commercial unit & 2 x Self contained two bedroom flats, High Street, Stroud

The Property

The property comprises a generous three-storey period building occupying a prominent trading position on the High Street.

The ground floor provides a larger than average commercial unit, including a kitchen, cloakrooms and storage areas. It is currently occupied and operated as a popular, well established restaurant. The commercial premises are let at £22,000 per annum on a five year lease commencing 21st December 2023.

The first and second floors accommodate two separate, self contained two bedroom apartments, both currently vacant and requiring refurbishment. The top floor apartment requires works to address water ingress and damp, along with re-plastering. Both apartments benefit from gas central heating and are accessed via a separate communal entrance from the High Street.

Once refurbished, each apartment is considered capable of achieving rental income in the region of £700 per calendar month, subject to market conditions.

The building also benefits from off road parking.

Location

The property is situated in a highly prominent trading position on the pedestrianised High Street, which adjoins both King Street and Kendrick Street. Nearby occupiers include well-known brands such as Costa Coffee, Boots Chemist, Greggs, Superdrug and Mountain Warehouse.

Stroud is one of Gloucestershire's most popular market towns, situated at the convergence of the Five Valleys amid the renowned Cotswold countryside. It offers a blend of rich industrial heritage and contemporary amenities. A bustling street market, together with town centre shopping, pubs, restaurants and bistros, are all within walking distance.
There are first-class schools catering for all grades and age groups. In addition, there is an excellent local bus service. The M5 motorway is also close by, bringing the larger cities of Gloucester, Cheltenham and Bristol within easy commuting distance.

Services

We have not tested any of the existing service installations and interested parties are advised to obtain independent specialist advice regarding their condition.
Ratings

Interested parties are advised to make their own enquiries to the billing authority to ascertain the exact rates payable, as a change in occupation may trigger an adjustment of the rating assessment. Each apartment is banded separately as Band A (£1,659.09) 2025/2026

Tenure

The property is available to purchase freehold, with a tenant in situ on the ground floor.

Restaurant Area - 16.21m (53'2") x 5.62m (18'5")

Reception Area - 3.83m (12'7") x 3.57m (11'9")

Commercial Kitchen - 4.25m (13'11") x 3.34m (10'11")

Cloakroom - Male W/C

Cloakroom - Female W/C

Utility/Store Area - 5.19m (17'0") x 4.28m (14'1")

Utility

Storage/Freezer Area - 3.72m (12'2") x 3.3m (10'10")

Rear Store - 4.25m (13'11") x 3.34m (10'11")

Communal Entrance to upper floors

First Floor

Communal Landing

Flat 1

Sitting Room Area - 5.22m (17'2") x 3.3m (10'10")

Dining Area - 9.07m (29'9") x 2.39m (7'10")

Cloakroom

Kitchen - 3.16m (10'4") x 3.13m (10'3")

Bedroom One - 3.48m (11'5") x 2.79m (9'2")

Bedroom Two - 3.42m (11'3") x 2.07m (6'9")

Bathroom - 2.11m (6'11") x 1.91m (6'3")

Second Floor

Sitting Room - 3.42m (11'3") x 2.84m (9'4")

Kitchen - 2.28m (7'6") x 1.9m (6'3")

Bedroom One - 4.5m (14'9") x 2.84m (9'4")

Bedroom Two - 4.51m (14'10") x 2.53m (8'4")

Bathroom - 2.08m (6'10") x 1.88m (6'2")

Selling Agent
Sawyers Estate Agents
17 George Street
Stroud
Gloucestershire
GL5 3DP

01453 751647
info@sawyersestateagents.co.uk

Anti-Money Laundering (AML)
Estate agents operating in the UK are required to conduct Anti-Money Laundering (AML) checks in compliance with the regulations set forth by HM Revenue and Customs (HMRC) for all property transactions. It is mandatory for both buyers and sellers to successfully complete these checks before any property transaction can proceed. A fee of £24 inclusive of vat will be charged for each individual AML check conducted.

Directions
For SAT NAV use: GL5 1AZ

Notice
These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm`s employment has the authority to make or give any representation or warranty in respect to this property. We have not carried out a detailed survey nor tested the services, appliances and specific fittings. All measurements and distances are approximate only. Room sizes should not be relied upon for carpets and furnishings. References to the tenure of the property are based on information supplied by the seller. The agent has not had sight of the title documents and a buyer is advised to obtain verification from their solicitor. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Floor plans are not to scale. Sawyers Estate Agents cannot be responsible for any inaccuracy.