Long Street, Wotton-under-Edge, Gloucestershire, GL12

Description

A substantial terraced commercial property, providing 3994ft2 of mixed-use commercial space across three floors and a cellar. The property offers itself to a variety of users with a large amount of open plan commercial space on the ground floor, with external areas for seating as well as rear workshop/storage buildings. Further spacious well-lit accommodation can be found on the first floor and attic. The Cellar is found in a good condition and could be used for ancillary storage or further commercial uses. Set on Long Street, in the centre of Wotton-under-Edge offering great footfall and passing trade. Externally the property benefits from a side access which leads into the rear of the property directly off of Long Street, offering a small amount of parking as well as delivery space. This entrance also leads to the external storage building and garden. External access to the first-floor accommodation can be sought from the rear fire escape stairs which lead to the (truncated)

Accommodation

The property provides a total NIA of 3994ft2 and broken down as follows: • Ground Floor – 1742ft2 • First floor – 785ft2 • Second floor – 500ft2 • Cellar – 361ft2 • Storage building – 603ft2

Situation

The property is situated on the main High Street of the historic market town of Wotton under Edge, opposite Market Street. The M5 Junction 14 is approximately 5 miles away while the M4 is approximately 11 miles distant, allowing for good access to Bristol, Gloucester, Cheltenham and South Wales. Locally, Wotton-under-Edge High Street boasts a wide range of independent and national shops.

Terms of Tenancy

The tenancy will be written under the statute of the Landlord and Tenant Act 1954. Ideally for a minimum 5-year term. The Tenant will take on the lease, under obligation of full repairing and insuring terms of their occupied area. A deposit equivalent to three month’s rent will be taken from the Tenant prior to entry. This will be returned minus any appropriate deductions at the cessation of the term.

Local Authority

Stroud District Council

Outgoings

The property has business rates payable of £23,000 The Tenant will be responsible for all outgoings, including those but not limited to, the services listed above and Business Rates. VAT will be chargeable on the rent. Tenant is to pay a setup fee of £500 plus VAT

EPC

EPC Rating – PENDING

Viewing

Strictly by appointment with the Agents: David James Tel Ref: Date:13.5.2024