The available accommodation comprises a ground floor commercial unit arranged as an impressive double-height, open-plan shell, featuring ornate period detailing, high coffered ceilings and large arched windows that provide excellent natural light, ready for tenant fit-out. The property also benefits from a basement, offering valuable additional storage space. The property could be suitable for a variety of uses subject to planning. Car parking is available at a number of nearby public car parks.
Location
The property commands a prominent corner position at the junction of George Street and King Street, in the heart of Stroud town centre. It is ideally situated opposite the pedestrianised main retail thoroughfare of King Street and directly facing the entrance to the recently revitalised Five Valleys Shopping Centre. Stroud’s bus and railway stations are also within easy walking distance. The Town of Stroud is approximately 9 miles south of Gloucester, 12 miles west of Cirencester, 13 miles southwest of Cheltenham and 23 miles northwest of Bristol. The Town also benefits from access to the M5 motorway situated approximately 5 miles to the east via Junction 13.
Accommodation
1,164 Sq Ft (108.14 Sq M)
Terms
Business Rates Interested parties should make their own enquiries to Stroud District Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment www .voa.gov.uk.
Energy Performance Certificate An EPC has been commissioned and will be available for inspection.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
Terms The property is available on a new lease on terms to be agreed. Rent £22,000 per annum exclusive of VAT.
Legal Costs Each party is to be responsible for their own legal costs.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
• Self-Contained Ground Commercial Unit
• Highly Prominent Corner Position in Town Centre
• Converted Former Bank Suitable for Variety of Uses (STP)
• New Lease Available for Immediate Occupation