Mixed use investment with a potential total income of £110,820 per annum exclusive.
• Prominent property finished to a high standard and of contemporary design.
• Generous parking allocation adjacent to the property and in an overflow car park.
• The quoting price of £1,500,000 reflects a gross initial yield of approximately 7.39% or net initial yield of 6.96% after purchaser's costs of 6.10% assuming full occupancy.
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The property comprises of a variety of units offering space for a range of uses including Retail, Offices and Leisure.
The property comprises two buildings of contemporary design that have been interlinked and are of steel frame construction with a combination of clad and rendered block elevations. Both have a pitched profile metal clad roof.
Internally the property has been finished to a high specification throughout using quality fixtures and fittings and materials. The units have a combination of carpet, tiled and wooden floor coverings reflecting the range of uses within the building and each tenant's requirements. The walls are a combination of paint plaster, timber cladding and brickwork and lit with a range of light fittings.
The majority of the units are accessed via the main entrance/plaza area, with a number fronting the A46 and on the lower ground floor benefiting from their own entrances. One of the units on the ground floor has a roller shutter door.
There are generous parking areas to the front and both sides of the building and there is an overflow car park a short distance from the property.
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JOINT AGENTS - Peter Joy Estate Agents
Jake Mortlock -
• Location: Stroud Valleys
• Size: 1397.60 m2 (15043.77 ft2)
• Property: Investment
• Type: For sale
• Price: £1500000.00
• Status: Available