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Lot 17 Click here for addendum

Freehold Vacant Shop & Offices with Potential for Residential Development
On behalf of Trustees
6 Week Completion

Situation

Close to the junction with King Street, in the heart of the town centre, adjacent to Subway, nearby other multiples such as Oxfam, The Works, Card Factory, WHSmith, Clarks, JoJo Maman Bébé and Specsavers and nearby the entrance to the recently refurbished Five Valleys Shopping Centre.
Stroud is an affluent Cotswold market town located approximately 12 miles south of Cheltenham and 11 miles west of Cirencester and benefits from good road access to the M5 (Junction 13) via the A419. Stroud mainline Rail Station is within easy walking distance, providing regular services to London Paddington.

Property

A mid terrace building comprising a Ground Floor Shop with separate front access to Offices planned on the first and second floors.

Accommodation

Ground Floor Shop
Gross Frontage 30'6”
Internal Width 28'3” (max)
Shop Depth 22'8”
Built Depth 39'0”
GIA Approx 926 sq ft incl. WC
First Floor Offices
4 Rooms GIA Approx 942 sq ft incl. WC
Second Floor Offices¹
4 Rooms GIA Approx 942 sq ft incl. WC

Total GIA Approx 2,810 sq ft

¹Not inspected by Barnett Ross

VAT is NOT applicable to this Lot

FREEHOLD offered with VACANT POSSESSION

Note: There may be potential to convert the first and second floor offices to Residential Use, subject to obtaining the necessary consents.

Enquire about this lot:

JOINT AUCTIONEER:
Day and Bell Surveyors
Tel: 020 8445 3611 Ref: Alex Jackson
alex.jackson@dayandbell.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
b. A single price figure where the 'Reserve' is not to exceed it.
c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Successful Buyer or Successful Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,500 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.

15 Gloucester Street, Stroud, Gloucestershire GL5 1QG