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Units 1 & 6 Upper Mills Trading Estate Bristol Road, Stonehouse, GL10

Industrial for sale

£175,000
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Total price
3586Sq Ft
Space

The properties comprise 2 adjoining buildings on the Upper Mills Trading Estate.

Unit 1 comprises a two storey building of stone construction under a pitched clad roof. The property is accessed by way of a pedestrian door and there is a loading bay to the front. The layout is cellular and includes a range of offices, stores and workshops with a kitchen and WC also provided. The property benefits from uPVC windows, has strip lighting and electric wall mounted heaters.

Unit 6 is a three storey former Mill Building of stone construction under a pitched tiled roof with parapet walls. Each floor is accessed from a communal staircase and comprises the main workspace with WC facilities. The ground floor has been used as a workshop; the first floor is fitted out as a commercial kitchen and the top floor, a photographic studio.

There is allocated parking adjacent to the buildings.

Tenancies

Unit 1 Terms agreed for a new lease for a period of 3 years at a rent of £6,000 per annum. The tenant is in occupation.

Unit 6 - ground floor Occupied by way of a lease for a period to expire 23rd October 2020 at a rent of £3,000 per annum.

Unit 6 - first floor Terms agreed for a new lease for a period of 12 months at a rent of £3,900 per annum. The tenant is in occupation.

Unit 6 - second floor Occupied by way of a lease for a period to expire 23rd October 2020 at a rent of £4,200 per annum.

Present Income £17,100 per annum exclusive.

Copies of the tenancy agreements are available upon request.

Unit 1 has an Energy Performance rating of F-138. Certificate Ref. No. 9673-3039-0053-0900-2391.

Unit 6 has an Energy Performance rating of E-123. Certificate Ref. No. 0490-9655-2830-3100-9203.

• Location: Stroud Valleys

• Size: 333.14 m2 (3585.92 ft2)

• Property: Industrial/Warehouse

• Type: For sale or To Let

• Price: £175000.00

• Status: Available

Listed Features

  • Storage
  • Parking
  • Multiple floors
  • Office
  • Loading Bay
  • Heating
  • Kitchen
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Property Marketed By
Ash Chartered Surveyors