Properties For SALE Andrew Watton - Home
 
 
For SALE
53 LONDON ROAD, STROUD, GLOUCESTERSHIRE GL5 2AD
 
FREEHOLD INVESTMENT
REDEVELOPMENT POTENTIAL TO PART
EXISITING INCOME OF £10,000 PER ANNUM
VACANT ACCOMODATION TO FIRST AND SECOND FLOORS
 
Guide Price: £350,000; SUBJECT TO CONTRACT
VIEWING: Strictly by appointment with Andrew Watton Property Consultants
 
COM:3926 - 16.01.2017; WebPost: 27.1.2017
 
SITUATION: -
on the southern side of London Road, being adjacent to Clarendon Court and within a small Terrace including Estate Agents and Professional Offices.

Stroud is the third largest Town in Gloucestershire having a demographic catchment of approximately 105,000 people. The Town has the advantage of a Main Line Railway Station to London Paddington. In addition Stroud is on the crossroads of the A46 and A419 with excellent access to both the M5 and M4 and the nearby centres of Cheltenham, Gloucester, Bath, Bristol and Cirencester.

 
PREMISES: -
is mid-terraced is of traditional construction, having a mixture of stone and brick, rendered to the front elevation and exposed brick to the rear, all under a timber framed roof covered with slates. It is noted the building is at the end of an original terrace but is 'attached' to Clarendon Court (No 54) a 1970' s mixed use building.

The accommodation comprised two elements, namely Commercial to the ground and lower ground floor plus a Residential Flat to the first and second floors.

 
ACCOMMODATION: -
all dimensions approximate
Ground Floor
Showroom: 17' 3" x 12 '6" maximum (215 sq ft)
opening into
Rear Office: 12' 6" X 8' 9" (109 sq ft)
Rear HaIIway
with door to
Private Office: 12' 0" X 11'0" (132 sq ft)
Overall Area of 456 sq ft

Lower Ground Floor
Entrance Hall: with Cupboard under Stairs and door to outside
Toilet 1: with WC and Wash Hand Basin
Toilet 2: with WC and Wash Hand Basin
Room 4: 11' 3" x 8' 9" (98 sq ft)
Room 5: 10' 3" x 8' 9" (90 sq ft)
Overall Area of 188 sq ft

First Floor
Lounge: 13' 4" x 12' 7" (118 sq ft)
Inner Hallway
Dining Room: 11' 9" x 11' 0" with modern fitted Fireplace and built-in Storage Unit (129 sq ft)
Kitchen: 8' 1" x 8' 0" with Airing Cupboard housing Sadia Water Heater (65 sq ft)
and door to
Shower Room: with white WC, Pedestal Wash Hand Basin and Shower Cubicle c/w Leisure Shower Head
Overall Area of 361 sq ft

Second Floor
Landing with Wardrobe
Bedroom 1: 11' 10" x10' 0" with Cupboards in Alcoves (118 sq ft)
Bedroom 2: 13' 0" x 8' 6" with modern Tiled Fireplace (110 sq ft)
Bedroom 3: 9'6" x 7' 4" (70 sq ft)
Overall Area of 298 sq ft

 
OUTSIDE: -
sizeable garden (60' 0" deep x 24' 0" wide) with access to Service Yard adjacent to Brunel Mall (see later note) and is suitable for redevelopment to provide possibilities for Residential Building and/or Car Parking -subject to Planning.
 
 
 
 
SERVICES: -
all Mains Services are understood to be connected.
 
ROADS: -
the property fronts London Road which is made up and adopted and maintainable at the expense of Gloucestershire County Council. To the rear of the property is a further access point having a frontage to the Service Yard adjacent to Brunel Mall. We are aware that Stroud District Council 'controls' the question of access, whether it be Pedestrian or Vehicular.
 
OUTGOINGS: -

the commercial space is occupied by Hamptons International in conjunction with number 52 London Road. Accordingly. the Tenant's space is rated as one hereditament for 52/53 London Road, at a Rateable Value in 2016/17 believed to be £9,600.

The Flat is currently unlisted for Council Tax purposes.

 
TENURE: -
the property is being sold with the benefit of the original Lease between the Freeholder and the Tenant (Hamptons Residential). The original Lease dated 10 October 1989 was subsequently renewed by way of an Agreement dated 5 June 2002 in respect of the same Tenant thus named as Hamptons Estates Ltd. That extension has now lapsed and as such the Tenant is "holding over" paying the Annual Rent of £10,000pa. Negotiations have taken place with the Tenant based upon £11,200pa but that figure has not been confirmed by a new  Lease. Moreover the negotiations included reference to the removal of the internal staircase to the Flat and with that existing space to be incorporated into the Commercial space resulting in an increase in the Rent to £12,000pa. Again these 'discussions' have not progressed as it is felt practical for the new Owner to bring forward a scheme to restore the Flat probably in conjunction with some form of redevelopment to the Garden, which could include a new external access point to the first floor. All of these possibilities are described subject to normal Planning consideration.
 
NOTE: -
Access to the Flat is via the Office premises and/or a separate (internal) staircase which is approached through the lower ground floor area of Hampton's Office.
 
 
DISCLAIMER
Andrew Watton Property Consultants and their joint agents if any for themselves and for the seller or landlord of the property whose agents they are, give notice that:-
1. These particulars are given and any statement about the property is made without responsibility on the part of Andrew Watton Property Consultants or the seller or landlord and do not constitute the whole or any part of an offer or contract.
2. Any description, dimension, distance or area given or any reference made to condition, working order or availability of services or facilities, fixtures or fittings, any guarantee or warrantee or statutory or any other permission, approval or reference to suitability for use or occupation, photograph, plan, drawing, aspect or financial or investment information or tenancy and title details or any other information set out in these particulars or otherwise provided shall not be relied on as statements or representations of fact or at all and any prospective buyer or tenant must satisfy themselves by inspection or otherwise as to the accuracy of all information or suitability of the property.
3. No employee of Andrew Watton Property Consultants has any authority to make or give any representation or warranty arising from these particulars or otherwise or enter into any contract whatsoever in relation to the property in respect of any prospective purchase or letting including in respect of any re-sale potential or value or at all.
4. Price or rent may be subject to VAT and any prospective buyer or tenant must satisfy themselves concerning the correct VAT position.
5. Except in respect of death or personal injury caused by the negligence of Andrew Watton Property Consultants or its employees or agents, Andrew Watton Property Consultants will not be liable, whether in negligence or otherwise howsoever, for any loss arising from the use of these particulars or any information provided in respect of the property save to the extent that any statement or information has been made or given fraudulently by Andrew Watton Property Consultants.
6. In the case of new development or refurbishment prospective buyers or tenants should not rely on any artists’ impressions or architects’ drawings or specification or scope of works or amenities, infrastructure or services or information concerning views, character or appearance and timing concerning availability or occupation and prospective buyers or tenants must take legal advice to ensure that any expectations they may have are provided for direct with the seller or landlord and Andrew Watton Property Consultants shall have no liability whatsoever concerning any variation or discrepancy in connection with such matters.
 
 
TRADERS PLAN
 
 
LOCATION PLAN
 
 
 
 
3926_ForSALE_53 London Rd Stroud GL5 2AD_260117
 
 
Properties For SALE
admin@andrewwatton.co.uk Telephone: 01453 - 753753
Cornhill Chambers, Union Street, Stroud, Gloucestershire GL5 2JT