**Location**
The property is situated adjacent to the River Frome with access from either
Chestnut Lane or Lodgemore Lane. The mill sits in the Industrial Heritage
Conservation Area, which includes the Stroudwater Canal and the old Stroud
Nailsworth railway line (now used as a cycle track and wildlife corridor). The
premises are convenient to Stroud town centre.
Stroud is the third largest town in Gloucestershire with an affluent
demographic catchment of approximately 110, 000 people. A key driver for
investment in the town is the advantage of a main line railway connection to
London Paddington with the station just a short walk from the property. 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.
**Description**
The mill provides an attractive selection of offices and studios having been
developed over the last thirty years or so. The occupancy rate is high and the
take up of vacant space when available is good.
Accommodation (all areas, where quoted, are approximate).
Please refer to the Schedule of Tenancies available upon request.
**Services**
All main services are connected or available. We have not tested any of the
existing service installations and interested parties are advised to obtain
independent specialist advice regarding the condition of the service
connections.
**Ratings**
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.
**Roads**
Access is from a private road which extends from Lodgemore Lane on the new
lift bridge. Over the canal the road is private subject to maintenance
agreements etc and runs to the side of Lodgemore Mill, past the mill pond. The
property will then be seen on the left just over the old bridge.
**Tenancies**
There are twelve Tenants in occupation. The current Gross Rent is £71, 954. 50
p. a. With an erv of £77, 710. 00 p. a. A Schedule of Tenants and Rents is
available upon request.
**Outgoings**
The studios and suites are separately rated. As the property is Listed there
are no void rates to pay in the case of vacant spaces
**Freehold price**
Offers invited in excess of: £600, 000, Subject to Contract

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