Retail premises to let in Threadneedle Street, Stroud GL5

Location

The unit is prominently situated on Threadneedle St, in the heart of Cornhill Shopping Centre. Cornhill Shopping Centre is a well-established pedestrian shopping area in the heart of Stroud town centre. Occupiers in the area include a mix of retailers, eateries and offices, and well-established independent operators. Cornhill Shopping Centre also benefits from the award-winning Stroud Farmers Market, held every Saturday. This brings even more footfall into the already busy area.

Stroud is a thriving Market Town, located approx 5 miles West of M5,9 miles south of Gloucester. Town population circa 13,000. District population circa 120,000.

Description

The property comprises of a self-contained former salon with attractive ground floor sales space and ancillary first floor.

Accommodation (all areas, where quoted, are approximate).
Description Sq ft M₂
Ground floor area 700 65.03
First floor 527 48.95
Total 1227 113.98

Services

Mains water, electricity and drainage are understood to be connected. Interested parties should make their own enquiries concerning the available of services and their suitability.

Ratings

2023/24 Rateable Value: £12,750 and Rates payable of £6362.25. 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.

Service charge

Payable for the upkeep of the development and to provide hanging baskets, Christmas lights, Banner Festival etc.

Terms

A new lease is available at a commencing rental of £15,000 exclusive (plus VAT) on effectively full repairing and insuring terms with the exterior of the building maintained via the service charge.

EPC

The property has an EPC rating of B and the Certificate can be accessed via the following link: Costs
Each party will be liable for their own legal costs of the transaction.