The Firs, 118, Cainscross Road, STROUD, Gloucestershire, GL5 4HN

Substantial freehold grade II listed period property
Planning permission granted for conversion to provide seven residential apartments
Full vacant possession.

Location:
The property is situated in a predominantly residential location on the North side of Cainscross Road to the West of Stroud Town centre. Public transport links include Stroud Railway Station with direct links into London together with a network of local bus services. A comprehensive range of shops, cafes and restaurants are available within the town centre with recreational pursuits to be found at Stratford Park and throughout the surrounding Cotswold countryside.

Description:
The property comprises an existing period building formerly utilised as offices and now benefiting from planning permission for conversion to provide seven residential apartments.

Existing Accommodation (Approx. GIA):
Basement Floor - 159sqft/14sqm
Ground Floor - 1,417sqft/129sqm
First Floor - 1,345sqft/123sqm
Second Floor - 1,145sqft/101sqm
TOTAL - 3,950sqft/367sqm

Planning:
Planning permission was originally approved on 30th March 2017 (Ref: S.17/0220/FUL) by Stroud District Council for change of use from B1 Business back to residential use. Conversion into 7 X units. Plans were
further amended (Ref: S.20/0993/LBC and S.20/0992/VAR – Approved 10th July 2020. The Auctioneers are advised the scheme is not subject to CIL liability and confirm that as the planning permission has been implemented it will now not expire. Prospective purchasers may also wish to consider a scheme to turn the property back into a single dwelling subject to planning consents.

Proposed Accommodation:
Once complete the property will provide 5x1 bed, 1x3 bed and 1x2 bed apartments.
Unit 1 - Ground Floor
2 beds, 839sqft/77.96sqm

Unit 2 - Ground Floor and First Floor
3 bed, 973sqft/90.4sqm

Unit 3 - Second floor
1 bed, 355sqft/32.97sqm

Unit 4 - Second floor
1 bed, 425sqft/39.44sqm

Unit 5 - Ground floor
1 bed, 393sqft/36.5sqm

Unit 6 - Second floor
1 bed, 393sqft/36.5sqm

Unit 7 - First floor
1 bed, 395sqft/36.74sqm

To view: Via Bruton Knowles 01452 880152





Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.