1-3 Eastgate Street, Gloucester
The property is a three-storey building located on a prime retail pitch benefiting ground floor retail accommodation with good frontage. The first floor was previously used as a café with staff welfare on the second floor. There is a basement suitable for storage.
Energy Performance Certificate: Awaiting.
Road connections are excellent with easy access to the M5 Motorway via Junctions 11, 11A and 12. The property is prominently located on a prime retail pitch adjoining The Cross, where Northgate, Southgate, Eastgate and Westgate Streets converge, being the prime retail area.
Other nearby occupiers include Marks & Spencer, Topshop, Holland & Barrett, WHSmith, H&M, The Body Shop, Waterstones, and Clarks.
All measurements are approximate Net Internal Areas.
Ground Floor: 57.6 sq m (620 sq ft)
First Floor: 56.8 sq m (611 sq ft)
Second Floor: 31.1 sq m (335 sq ft)
Basement: 35 sq m (377 sq ft)
Total: 180.5 sq m (1,943 sq ft)
Read more: Chocolate shop wraps up Gloucester store
Available by way of a new lease for a term of years to be agreed.
£57,500 per annum exclusive.
The properties require separate assessments. Interested parties should make their own enquiries to the local billing authority to ascertain the exact rates payable. A change in occupation may trigger an adjustment of the rating assessment.
Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenant establish the implications before entering into any agreement.
Each party is to be responsible for their own legal costs incurred in the transaction.
Alder King Property Consultants
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