Strachan's Close Slipway is located just off Chestnut Lane near the centre of Stroud, on the restored navigable section of the Stroudwater Canal (part of the Cotswold Canals).

It currently serves as the only access point for trailerable boats into the Phase 1A navigable length, which runs from Ocean Basin at Stonehouse to Bowbridge Lock — roughly four miles and seven locks.

The slipway is notably steep and is secured with a chain and padlock to prevent unauthorised vehicle parking. Access requires a Canal and River Trust WaterMate key. A small number of parking spaces are available on site and nearby for canal users.