Retail unit for sale or to let in Gloucester

This property is marketed by:
ASH Chartered Surveyors

Description

The property comprises a mid-terrace building of brick construction under a pitched tiled roof which is protected by a parapet wall. The accommodation is over 3 floors with the main retail area and an office on the ground floor with consulting rooms and staff facilities on the first floor. There is no access to the second floor at present.

It mainly has painted plastered walls, suspended ceilings with inset lighting and floor coverings. The retail area has a fully glazed frontage and comfort cooling.

The property has an Energy Performance rating of D-94. Certificate Ref. No. 0960-9983-0357-0390-1094.

Location

The property is situated in a prominent position on Eastgate Street within close proximity of Gloucester Cross, which is traditionally regarded as the City centre. Occupiers in the immediate area include Marks & Spencers, Top Shop, Clarks, Waterstones, EE, Thorntons and Lloyds Bank. Gloucester is well connected to the motorway network, being served by three junctions of the M5; junction 11 provides access via the A40 (3 miles), junction12 to the south (5 miles) and junction 11a (3 miles) connects to the Brockworth Bypass, Cirencester/Swindon and the M4 motorway at junction 15 (34 miles).

Accommodation

The approximate net internal areas are as follows:

Ground floor - 57.59 sq m -(620 sq ft)

First floor - 54.73 sq m -(589 sq ft)

Second floor - Not inspected 

Total - 112.32 sq m - (1,209 sq ft)

Rates

The assessment currently appearing in the Valuation List is as follows:

Rateable Value:£33,500

Rate in £ 2020/2021:0.499

Prospective tenants should contact the Local Authority to verify the actual rates payable and to establish any transitional relief that may be applicable.

Terms

The property is offered freehold with vacant possession.

VAT

The property is elected for VAT.

Legal Costs

Each party to bear their own legal costs incurred in the transaction.