Commercial Property for sale in Stroud Road, Nailsworth, Stroud, GL6

Commercial Property - £1,500,000

Stroud Road, Nailsworth, Stroud, GL6

First listed on: 17th March 2020

Nearest stations: Stroud (Gloucestershire) (3.2 mi)Stonehouse (4.1 mi)Cam and Dursley (6 mi)Kemble (8.7 mi)

Interested in this property? Call See phone number 01453 833747

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Property Description

The property comprises two buildings of contemporary design that have been interlinked and are of steel frame construction with a combination of clad and rendered block elevations. Both have a pitched profile metal clad roof. Internally the property has been finished to a high specification throughout using quality fixtures and fittings and materials. The units have a combination of carpet, tiled and wooden floor coverings reflecting the range of uses within the building and each tenant’s requirements. The walls are a combination of paint plaster, timber cladding and brickwork and lit with a range of light fittings. The majority of the units are accessed via the main entrance/plaza area, with a number fronting the A46 and on the lower ground floor benefiting from their own entrances. One of the units on the ground floor has a roller shutter door.The total area extends to approximately 1,397.6 sq m (15,044 sq ft).



There are generous parking areas to the front and both sides of the building and there is an overflow car park a short distance from the property.



The premises is located on the A46 Stroud Road on the edge of Nailsworth within a short distance of the town centre. Nailsworth is found on the A46, lying in one of the Stroud Valleys in the Cotswolds approximately four miles south of the centre of Stroud. Junction 18 of the M4 motorway can be found 15 miles to the south. Tetbury can be found 7 miles southeast. Junction 13 of the M5 motorway can be found 8 miles to the north.



ADDITIONAL INFORMATION

TERMS
We are instructed to seek offers in the region of £1,500,000 for the freehold interest in the property subject to the tenancies outlined. This reflects a gross initial yield of approximately 7.69% or net initial yield of 6.96% after purchaser's costs of 6.10%.

SERVICE CHARGES
A charge is levied on the occupiers to cover the costs associated with the upkeep and maintenance of the communal areas.

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

VAT
Our client has elected to waive exemption of VAT and accordingly VAT will be payable on the purchase price although we anticipate the sale will be treated as a TOGC.

The property comprises two buildings of contemporary design that have been interlinked and are of steel frame construction with a combination of clad and rendered block elevations. Both have a pitched profile metal clad roof. Internally the property has been finished to a high specification throughout using quality fixtures and fittings and materials. The units have a combination of carpet, tiled and wooden floor coverings reflecting the range of uses within the building and each tenant’s requirements. The walls are a combination of paint plaster, timber cladding and brickwork and lit with a range of light fittings. The majority of the units are accessed via the main entrance/plaza area, with a number fronting the A46 and on the lower ground floor benefiting from their own entrances. One of the units on the ground floor has a roller shutter door.The total area extends to approximately 1,397.6 sq m (15,044 sq ft).



There are generous parking areas to the front and both sides of the building and there is an overflow car park a short distance from the property.



The premises is located on the A46 Stroud Road on the edge of Nailsworth within a short distance of the town centre. Nailsworth is found on the A46, lying in one of the Stroud Valleys in the Cotswolds approximately four miles south of the centre of Stroud. Junction 18 of the M4 motorway can be found 15 miles to the south. Tetbury can be found 7 miles southeast. Junction 13 of the M5 motorway can be found 8 miles to the north.



ADDITIONAL INFORMATION

TERMS
We are instructed to seek offers in the region of £1,500,000 for the freehold interest in the property subject to the tenancies outlined. This reflects a gross initial yield of approximately 7.69% or net initial yield of 6.96% after purchaser's costs of 6.10%.

SERVICE CHARGES
A charge is levied on the occupiers to cover the costs associated with the upkeep and maintenance of the communal areas.

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

VAT
Our client has elected to waive exemption of VAT and accordingly VAT will be payable on the purchase price although we anticipate the sale will be treated as a TOGC.

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Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
18/03/2020 Property listed at £1,500,000

Disclaimer

Disclaimer Property reference A4360E0D6CF85F_13482063. Details are provided and maintained by Peter Joy Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

14 Fountain Street

Nailsworth

Gloucestershire

GL6 0BL

Telephone: See phone number 01453 833747

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Disclaimer

Disclaimer Property reference A4360E0D6CF85F_13482063. Details are provided and maintained by Peter Joy Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

14 Fountain Street

Nailsworth

Gloucestershire

GL6 0BL

Telephone: See phone number 01453 833747

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

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