7/8 High Street Stroud Gloucestershire GL5 1AU

  • 7/8 High Street<br>Stroud<br>Gloucestershire<br>GL5 1AU

7/8 High Street
Stroud
Gloucestershire
GL5 1AU

Freehold Retail Investment

  • Let to Restaurant trading as Brody's Bistro
  • 5 year lease from 20/08/2021 (no breaks)
  • Town Centre location on pedestrianised High Street
  • Close to Five Valleys Shopping Centre and other retailers such as Clarks, Superdrug, Boots Opticians, Savers Health & Beauty, Subway and WH Smith.
  • Lot
    5
  • Auction
    22nd September 2022
  • Rent
    £15,000 per Annum Exclusive
  • Status
    Sold Prior
  • Price
     
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment

  • Let to Restaurant trading as Brody's Bistro
  • 5 year lease from 20/08/2021 (no breaks)
  • Town Centre location on pedestrianised High Street
  • Close to Five Valleys Shopping Centre and other retailers such as Clarks, Superdrug, Boots Opticians, Savers Health & Beauty, Subway and WH Smith.
  • Lot 5
  • Auction 22nd September 2022
  • Rent £15,000 per Annum Exclusive
  • Status Sold Prior
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
9 miles south of Gloucester, 32 miles north-east of Bristol
Roads
A417, A419, M5 (Junction 13)
Rail
Stroud Railway Station
Air
Bristol Airport
Situation

The property is situated on the pedestrianised High Street very close to Stroud Railway Station. Five Valleys Shopping Centre is closeby and other retailers such as Clarks, Superdrug, Savers Health & Beauty, Boots Opticians, Subway and WH Smith.

Tenure

Freehold.

Location
Miles
9 miles south of Gloucester, 32 miles north-east of Bristol
Roads
A417, A419, M5 (Junction 13)
Rail
Stroud Railway Station
Air
Bristol Airport
Situation

The property is situated on the pedestrianised High Street very close to Stroud Railway Station. Five Valleys Shopping Centre is closeby and other retailers such as Clarks, Superdrug, Savers Health & Beauty, Boots Opticians, Subway and WH Smith.

Tenure

Freehold.

Description

The property comprises an attractive Bistro arranged over the ground and first floors.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

6 week completion.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises an attractive Bistro arranged over the ground and first floors.

VAT

VAT is applicable to this lot.

Note

Please note the buyer will pay 1.5% excluding VAT of the purchase price towards the Vendor's costs in addition to the cost of the searches. Please see Special Conditions of Sale.

Completion Period

6 week completion.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term Rent p.a.x.
Ground
First
Retail/Ancillary
Ancillary
184.50
59.30
(1,986)
(638)
NOVA'S ICECREAM PARLOUR LTD (t/a Brody’s Bistro) 5 years from 20/08/2021 on a full repairing and insuring lease
£15,000
Total  
243.80
(2,624)
   
£15,000

(1) Areas provided by VOA (www.voa.gov.uk)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Seller's Solicitors
Structadene Group 3rd Floor, 9 White Lion Street
London
N1 9PD
James Thomson +44 (0)20 7843 9196james.t@pearl-coutts.co.uk  Hannah Smith +44 (0)20 3745 2682hannah.s@pearl-coutts.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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