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Floorplan
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    Key features

    • Withdrawn Prior due to no legal pack
    • Investment let at £61,740 p.a.
    • Freehold block comprising of 7 x one bedroom flats
    • 5 x shops and 1 x flat sold off on long lease (red line outline 2nd photo)
    • Prosperous and attractive Gloucestershire market town
    • Potential to break up and sell flats off separately
    • Virtual tour available on 4 of the flats
    • Possible development potential to add additional space at loft level (subject to the requisite consents)
    • 6 week completion available

    Description

    Click here for virtual tour Flat 1

    Click here for virtual tour Flat 2

    Click here for virtual tour Flat 5

    Click here for virtual tour Flat 7

    A freehold parade comprising of commercial units ground and part basement & first floor (sold off on long lease) and 8 x flats situated across 1st, 2nd and 3rd floor (1 x flat sold off on long lease).

    The property is located in a semi pedestrianised street and has the following nearby occupiers Boots the Chemist, Greggs, Costa, Superdrug, Holland & Barrett and Sports Direct as well as a wide range of boutique and local occupiers.

    Additional information

    Tenure

    Freehold

    5 x shops sold off on long lease on peppercorn rent

    1 x flat sold off on long lease on peppercorn rent

    Accommodation

    Please refer to Accommodation and Tenancy schedule for the 7 flats on AST's

    Please note that the measurements have been taken from the EPC register

    Tenancy

    Please refer to Accommodation and Tenancy schedule for the 7 flats on AST's

    Rent

    £61,740 p.a.

    Notes

    Please note the site areas provided are approximate. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard.

    The virtual tours were taken prior to the tenants occupying the premise and have been provided by a third party.


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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Stroud is located approximately 9 miles south of Gloucester and approximately 32 miles north-east of Bristol.

      Stroud is a busy market town located at the confluence of five deep valleys along the River Frome.

      The property stretches along the centrally located Kendrick Street, close to its junctions with High Street and Thread needle Street, adjacent to Mountain Warehouse.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums