Offers in region of
£785,000
(£179.26/sq. ft)
Retail premises for saleMillbrook House, George Street, Stroud GL6
4,379 sq. ft
Just added
Freehold
About this property
Fully let retail and residential investment in the heart of Nailsworth
Two allocated car spaces to rear accessed via landscaped/hard standing
Description
The property is a Grade II Listed, double fronted building dating from the early 19th century, constructed in Cotswold stone beneath pitched tiled roofs. Originally built as a single dwelling, it was converted approximately 35 years ago to provide two self-contained retail units at the front of the ground floor, with a single flat to the rear of each accessed from the rear. The upper floors have six additional flats and studio apartments, additionally all accessed from the rear.
Each of the flats and studio apartments is fully self-contained, with appropriate kitchen and bathroom/shower facilities.
There are storage buildings to the rear of the property along with landscaped and hard standing areas and a pathway leads across the adjacent garden to two allocated parking spaces.
Planning
The property has been used for general retail and residential within Classes E and C3 of the Use Classes Order 1987.
Services
We have not tested any of the existing service installations and interested parties are advised to obtain independent specialist advice regarding the condition of the service connections.
Ratings
Interested parties are advised to make their own enquiries to the billing authority to ascertain the exact rates payable/Council Tax band as a change in occupation may trigger an adjustment of the rating assessment.
Tenure
The property is freehold subject to the occupational tenancies in place.
Tenancies
Shop 1 375 sq ft Florist £800/mnth Sept 22 - 7 yrs
Shop 2 402 sq ft Tattooist £666.67/mnth (£791.67 from 07/28) July 25 – 7 yrs
Retail Total £17,600 p.a. (£19,100 from 07/28)
Flat 1 398 sq ft 1 bed £450/mnth AST
Flat 2 519 sq ft 1 bed £620/mnth AST
Flat 3 559 sq ft 1 bed £470/mnth AST
Flat 4 542 sq ft 1 bed £550/mnth AST
Flat 6 906 sq ft 2 bed £600/mnth AST
Flat 7 353 sq ft Studio £350/mnth AST
total £39,240 per annum
EPC
Awaiting EPC
Freehold price
Offers invited based upon guide price of: £785,000, Subject to Contract. The property is not elected for VAT.
Location
Nailsworth is a town located at the confluence of the Avening Valley and Woodchester Valley within the southern Cotswolds with a population of some 5800 (Census 2011) approximately 4 miles south of Stroud (via the A46 trunk road), 13 miles west of Cirencester, 131/2 south of Gloucester and 18 miles south of Cheltenham, 8 miles east of Dursley and 28 miles northeast of Bristol.
Motorway access is available at Junction 13 of the M5,8 miles to the northeast and Junction 18 of the M4 motorway is approximately 15 miles to the south.
The property is situated within the centre of Nailsworth within a mixed retail and residential area. On street and public car parking is widely available within the vicinity.
The property is a Grade II Listed, double fronted building dating from the early 19th century, constructed in Cotswold stone beneath pitched tiled roofs. Originally built as a single dwelling, it was converted approximately 35 years ago to provide two self-contained retail units at the front of the ground floor, with a single flat to the rear of each accessed from the rear. The upper floors have six additional flats and studio apartments, additionally all accessed from the rear.
Each of the flats and studio apartments is fully self-contained, with appropriate kitchen and bathroom/shower facilities.
There are storage buildings to the rear of the property along with landscaped and hard standing areas and a pathway leads across the adjacent garden to two allocated parking spaces.
Planning
The property has been used for general retail and residential within Classes E and C3 of the Use Classes Order 1987.
Services
We have not tested any of the existing service installations and interested parties are advised to obtain independent specialist advice regarding the condition of the service connections.
Ratings
Interested parties are advised to make their own enquiries to the billing authority to ascertain the exact rates payable/Council Tax band as a change in occupation may trigger an adjustment of the rating assessment.
Tenure
The property is freehold subject to the occupational tenancies in place.
Tenancies
Shop 1 375 sq ft Florist £800/mnth Sept 22 - 7 yrs
Shop 2 402 sq ft Tattooist £666.67/mnth (£791.67 from 07/28) July 25 – 7 yrs
Retail Total £17,600 p.a. (£19,100 from 07/28)
Flat 1 398 sq ft 1 bed £450/mnth AST
Flat 2 519 sq ft 1 bed £620/mnth AST
Flat 3 559 sq ft 1 bed £470/mnth AST
Flat 4 542 sq ft 1 bed £550/mnth AST
Flat 6 906 sq ft 2 bed £600/mnth AST
Flat 7 353 sq ft Studio £350/mnth AST
total £39,240 per annum
EPC
Awaiting EPC
Freehold price
Offers invited based upon guide price of: £785,000, Subject to Contract. The property is not elected for VAT.
Location
Nailsworth is a town located at the confluence of the Avening Valley and Woodchester Valley within the southern Cotswolds with a population of some 5800 (Census 2011) approximately 4 miles south of Stroud (via the A46 trunk road), 13 miles west of Cirencester, 131/2 south of Gloucester and 18 miles south of Cheltenham, 8 miles east of Dursley and 28 miles northeast of Bristol.
Motorway access is available at Junction 13 of the M5,8 miles to the northeast and Junction 18 of the M4 motorway is approximately 15 miles to the south.
The property is situated within the centre of Nailsworth within a mixed retail and residential area. On street and public car parking is widely available within the vicinity.
Mortgage calculator
Monthly repayment
£3,926 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}