Non quoting
Property for saleUnit 2, Upper Mills Industrial Estate, Stonehouse GL10
601 sq. ft
EPC Rating: F
Freehold
About this property
Total size 55.86 m2 (601 ft2)
2 allocated parking spaces.
The current tenant has a lease expiring on 1st September 2028 at a rent of £11,400 per annum.
Offers invited in the region of £160,000 for the long leasehold interest subject to the occupational tenancy in place.
Description
Unit 2 was constructed around 20 years ago and has brick elevations under a pitched tiled roof. The accommodation comprises an office, kitchen, store and disabled WC on the ground floor with 2 offices at first floor level.
Specification
The property has been finished to a good specification to include the following:-
• Painted plastered ceilings and walls.
• Electric storage heaters.
• Carpeted throughout aside from tiles in the entrance hall.
• It is lit by a combination of Category 2, strip and spot lighting.
• Security and fire alarms have been installed.
• UPVC windows with grills on the interior at ground floor level.
• Air conditioning in one office on first floor.
• 2 allocated parking spaces.
Tenancy
The property is let to Moody Direct Ltd for a period of 5 years to expire 1st September 2028 at a rent of £11,400 per annum. The lease is on a full repairing and insuring basis and is excluded from the Security of Tenure provisions of the Landlord and Tenant Act 1954, Part II.
Location
The property is located on the Upper Mills Trading Estate, just off the A419 Trunk road leading to Junction 13 of the M5 Motorway (approx. 3 miles). Upper Mills Estate is a popular location for businesses and industry and offers a very pleasant working environment enjoying all the benefits of the amenities of the Stroud Valleys, with the advantage of an excellent Motorway access via the M5.
Unit 2 was constructed around 20 years ago and has brick elevations under a pitched tiled roof. The accommodation comprises an office, kitchen, store and disabled WC on the ground floor with 2 offices at first floor level.
Specification
The property has been finished to a good specification to include the following:-
• Painted plastered ceilings and walls.
• Electric storage heaters.
• Carpeted throughout aside from tiles in the entrance hall.
• It is lit by a combination of Category 2, strip and spot lighting.
• Security and fire alarms have been installed.
• UPVC windows with grills on the interior at ground floor level.
• Air conditioning in one office on first floor.
• 2 allocated parking spaces.
Tenancy
The property is let to Moody Direct Ltd for a period of 5 years to expire 1st September 2028 at a rent of £11,400 per annum. The lease is on a full repairing and insuring basis and is excluded from the Security of Tenure provisions of the Landlord and Tenant Act 1954, Part II.
Location
The property is located on the Upper Mills Trading Estate, just off the A419 Trunk road leading to Junction 13 of the M5 Motorway (approx. 3 miles). Upper Mills Estate is a popular location for businesses and industry and offers a very pleasant working environment enjoying all the benefits of the amenities of the Stroud Valleys, with the advantage of an excellent Motorway access via the M5.
.png){kind=logo}