Important Notice - Coronavirus (Of COVID-19)
For Sale By Auction | 14:00, 02 April 2020 | Lot 2

26 Gloucester Street, Stroud, Gloucestershire, GL5 1QG

Sold £140,500

  • Mixed Use
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 0117 946 4949 for more information

Auction Date

Thu 02/04/2020

Auction Time

14:00

Auction Venue

National Online Auction National Online Auction,

Viewing Times:

Fri 13 Mar

11:00-11:15

Thu 19 Mar

13:00-13:15

A freehold commercial property with potential for redevelopment.

This is a substantial mixed use corner property occupying a prominent position at the gateway to Stroud town centre. The property offers a shop with basement benefiting from A3/A5 Takeaway use. The upper floors have most recently been used as a self-contained maisonette and once refurbished offers potential for 3-4 bedrooms. Alternatively the property could be further developed to provide smaller residential units subject to planning.

Tenure

Freehold

Key points

• Prominent corner position in town centre • Good return frontage • “Gateway” position leading to the pedestrianised zone • Ground floor shop with basement totaling approx 82 sqm • Currently has A5 takeaway consent, other uses possible • Short stay on-street parking outside • Basement benefits from rear pedestrian access • Self-contained upper floors totaling approx 95 sqm • Last used as a maisonette • Could convert into 4 bedroom HMO subject to consents • Potential as offices subject to planning • In need of complete refurbishment • Potential for subdivision into smaller units • Situated in Stroud Central Conservation Area • Business Rates: rateable value £3,250 • Deleted from Council Tax register • Sizes taken from EPCs, floor plan for identification purposes only.

Viewings

By appointment, please call Auction House

For Sale by Online Auction

On Thursday 2nd April 2020 at 2.00pm. Telephone and proxy bidding option available. Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Legal Pack

A full auction legal pack can be downloaded from www.auctionhousebristol.co.uk once available. For further information on the other lots in this auction please visit the website.

Energy Efficiency Rating (EPC)

Current Rating Flat: E Shop: E

Local Authority

Stroud District Council

Solicitors

WSP Solicitors, 2-7 Rowcroft, Stroud, GL5 3BJ, Ref: Ms Amy Leivers, Tel: 01453 847216

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.