Thrupp, GL5 2AZ

A former mill building with an attached cottage providing an exciting investment opportunity with potential for commercial use or redevelopment, subject to obtaining the relevant consents. The property is situated in the Stafford Mill complex at Thrupp and is divided into two lots, available separately or as a whole. The property provides extensive workshop accommodation alongside a 3 bedroom cottage with the benefit of parking and a private garden, lending it to either owner occupancy or redevelopment to multiple apartments or a mixed-use scheme (STP). The two lots extends to a total of around 5,120 Sq Ft (GIA) across both parts of the property and over 3 floors with separate access to upper and lower parts of the commercial element. Lot 1: The Commercial Property - offers in excess of £400,000 Unit 11 comprises a former mill set out across three floors and approximately measures 4,144 sq ft. The ground floor is an area of storage and workshop with stairs rising to first floor where there is a storage area with office and staff facilities: The second floor has been recently renovated to comprise a large open plan loft area with bathroom/WC and kitchenette. Accommodation comprises: • Ground Floor Workshop: 1,182 Sq Ft • First Floor Workshop: 1,163 Sq Ft • First Floor Office and Staffs: 265 Sq Ft • Second Floor Studio Space: 1,536 Sq Ft Lot 2: The Residential Property - This characterful Cotswold Stone Cottage is located in desirable Thrupp, its position offers ease of access to Stroud Water canal, open countryside and of course Stroud Town centre. Th property offers good sized accommodation arranged over three floors that comprises - Kitchen with plentiful storage, a staircase leads from the inner hall with adjacent cloakroom, The open plan lounge diner is a great size and leads out to the sun room / utility area which enjoys a glazed roof. Leading up to the first floor there is a generous family bathroom benefiting from a good size separate shower and corner bath. Also on the first floor is a good size double bedroom with views looking out over the mill buildings towards Rodborough Common. To the second floor there are two further bedrooms. To the outside there is a small courtyard garden to the rear and timber deck to the front with Pergola, There is parking for two cars. In addition to the cottage garden, to the front of the whole property is an area of yard which is partly dedicated to patio space for the cottage but also provides parking for numerous vehicles and storage space for the commercial premises. Additional Information Planning Consent and Redevelopment: We understand that the mill building and cottage have consent for their current uses by virtue of longstanding use. It is considered that the commercial element of the property is likely to benefit from permitted development change of use to residential by virtue of Class MA, which allows the conversion of buildings which are in E class uses to residential. Services: There are mains services to the building including a three-phase electricity connection. The residential element benefits from Gas Central Heating. On the ground floor there is a sub-station within the building which is let to the electricity authority at a rent of £30 per year. Tenure: The property is offered Freehold with Vacant possession on completion. Non-Domestic Rates: The premises is assessed as having a Rateable Value of £16,000 in the 2026 Non-Domestic Rating list. EPC: Residential: Band D, Commercial: Band TBC Local Authority: Stroud District Council