Offers in region of
£250,000
(£250.00/sq. ft)
Office for saleUnit 6 Gigg Mill, Bond's Mill, Old Bristol Road, Nailsworth GL6
1,000 sq. ft
Just added
Freehold
About this property
Office investment opportunity currently producing a rental income of £12,360 p.a.
Includes large car park with future development potential (subject to obtaining necessary Consents)
Description
The property comprises of a single storey detached building of non-traditional construction, which has been configured internally to provide 5 individual offices. There is also WC and kitchen facilities. The building has an internal floor area of approx. 1000 sq ft.
Externally the property includes a substantial area of car parking, and individual parking spaces are currently let to local residents. There is potential to increase this revenue, and for future development of the car park, subject to obtaining the necessary planning Consents.
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 as a change in occupation may trigger an adjustment of the rating assessment.
Tenure
The property is freehold
Tenancies
The property is currently let by way of various Licence Agreements for the office suites and parking spaces, producing a gross rental currently of £12,360 p.a. Full details of the lettings are available upon request.
EPC
The property is awaiting an EPC rating and the Certificate will be available shortly upon request.
Freehold price
Offers invited based upon guide price of: £250,000, exclusive, Subject to Contract
Location
The property is located on the outskirts of Nailsworth, an affluent and popular town in the Stroud valleys which has a population of approx. 6000.
The property is accessed via a lane from the Old Bristol Road, one of the main roads accessing Nailsworth from the south.
Motorway access is available at Junctions 13 of the M5 (approx. 11 miles distance) and J18 of the M4 (approx. 15 miles distance).
The property comprises of a single storey detached building of non-traditional construction, which has been configured internally to provide 5 individual offices. There is also WC and kitchen facilities. The building has an internal floor area of approx. 1000 sq ft.
Externally the property includes a substantial area of car parking, and individual parking spaces are currently let to local residents. There is potential to increase this revenue, and for future development of the car park, subject to obtaining the necessary planning Consents.
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 as a change in occupation may trigger an adjustment of the rating assessment.
Tenure
The property is freehold
Tenancies
The property is currently let by way of various Licence Agreements for the office suites and parking spaces, producing a gross rental currently of £12,360 p.a. Full details of the lettings are available upon request.
EPC
The property is awaiting an EPC rating and the Certificate will be available shortly upon request.
Freehold price
Offers invited based upon guide price of: £250,000, exclusive, Subject to Contract
Location
The property is located on the outskirts of Nailsworth, an affluent and popular town in the Stroud valleys which has a population of approx. 6000.
The property is accessed via a lane from the Old Bristol Road, one of the main roads accessing Nailsworth from the south.
Motorway access is available at Junctions 13 of the M5 (approx. 11 miles distance) and J18 of the M4 (approx. 15 miles distance).
Mortgage calculator
Monthly repayment
£1,250 per month
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