18 King Street, Stroud, GLS

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18 King Street

Stroud, GL5 3DF

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Property type:Retail Sub type:Shop-front Status:Existing Year built:1930

Building size:3,537 sq ft

For sale price:£600,000 Price:£169.64 sq ft

Yield:6.30 %

The property comprises a three storey, mid terrace building of brick construction. The building provides retail accommodation throughout measuring 3,537 sq ft.
The property is located approximately 0.09 miles from Stroud Railway Station and approximately 2.69 miles from Stonehouse Railway Station.

Sale Notes:
The investment opportunity comprises A2 retail space with first floor offices and store rooms and second floor staff /store rooms.

Let to Barclays Bank Plc for a term of 20 years from 25 April 2007 until 2027 on a full repairing and insuring lease subject to Schedule of Condition. The tenant has an option to determine the lease at the end of the 10th and 15th year of the term. The rent review is on 29 September 2012 and five yearly thereafter.

Rent- £40,000.

CLICK HERE TO CONTACT THE SELLING AGENT

SELLING AGENTS

Suttons Commercial

Rajiv Sabharwal

020 7664 8699

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