Investment with Development Potential, 24-32 Kendrick Street, Stroud, GL5 1AA

This property consists of a row of five shops within a period terrace, spanning the basement, ground, and first floors. While all units are located on the ground and basement levels, three of them (numbers 26, 28, and 32) have additional space on the first floor that could potentially be converted into residential units, pending the required consents.

Currently, the property generates an annual income of £62,000 however we believe the estimated rental value (ERV) to be in the excess of £73,000 per annum.  It benefits from a convenient location in a semi-pedestrianized street, surrounded by various businesses. The vicinity includes well-known brands like Boots, Greggs, Costa, Superdrug, Holland & Barrett, and Sports Direct, as well as a diverse selection of boutique and local establishments.

There  is an option to buy the retail shops individually or the whole parade.