Council prepares to put dockside buildings on the market
9th October 2017
Gloucester City Council is set to sell off the long term leases of its properties at Gloucester Docks.
On Wednesday the council's cabinet will decide on the marketing strategy for Herbert, Kimberly and Phillpotts warehouses.
With a slimmed down workforce, the city council no longer needs the space and has already announced plans to share Shire Hall with the county council with talks ongoing.
The top floor of North warehouse will be retained for council meetings and civic purposes.
A report to Wednesday's meeting said: "Gloucester City Council moved its administrative offices to Gloucester Docks in 1987 as part of a process to kick-start the regeneration of the docks area.
"A number of parties have already expressed an interest in alternative uses for the HKP warehouses. For reasons of commercial confidentiality it would not be appropriate in this report to provide details of those interests.
"Any income or receipt from the disposal of the HKP leases will be used to support the council's capital programme, or if appropriate taken as a benefit to the council's revenue budgets."
North warehouse is already part leased to Regus. The leases on Herbert warehouse (2150sqm) and Kimberly warehouse (1380sqm) run until 2188 and Phillpotts warehouse (1320sqm) until 2186.
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