Industrial for sale in Libbys Drive, Slad Road, Stroud GL5
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Call +44 1453 571799 *
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The property is located on the eastern side of Stroud, with Libbys Drive accessed from the Slad Road (B4070). It is in close proximity to Stroud town centre, from which J13 of the M5 is easily accessed.
Stroud is the third largest town in Gloucestershire with excellent road and railway links to the neighbouring centres of Cheltenham, Gloucester, Bristol and Swindon.
The town also benefits from a direct trainline service to London Paddington.
The property comprises of part of New Mills Trading Estate which currently provides a mixture of commercial buildings. The existing buildings provide a mixture of office, industrial, storage uses within a combination of an original Listed building and more modern structures.
There is a large car park to the rear of the site which provides potential for the construction of a new building, subject to obtaining the necessary planning Consents.
Accommodation (all areas, where quoted, are approximate).
Description Sq ft M₂
Unit 5 - single storey industrial unit 4056 376.84
Unit 7 - single storey industrial unit 1730 160.75
Unit 9 - original Mill building 2087 193.92
Unit 10 - workshop 1222 113.55
Total 9095 845.06
All mains services are connected or available.
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.
The property is freehold
tenancies (Businesses unaffected by the sale)
The properties are currently let by way of 3 leases, providing a total rental income of £37,200 per annum.
Full details of the lettings can be made available but are summarised below:-
Units 5 & 7 let to Nortim Tools on a lease expiring 31 October 2022
Unit 9 let to Robert Bray Associates on a lease expiring 30 September 2021
Unit 10 let to Linden Curtis (t/a Ashtree) on a lease expiring 31 October 2022
The property is awaiting an EPC rating and the Certificate will be available shortly upon request.
Available on application
The sale will be subject to an overage.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hawkins Watton Limited, and do not constitute property particulars. Please contact Hawkins Watton Limited for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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