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Gloucestershire Business News

103-105 Church Street, Tewkesbury

Description:

The property comprises of a ground floor restaurant fronting Tewkesbury Cross in the heart of the town centre and there is loading access to the rear via the shared car park. The property will benefit from Prezzo's (the former tenant) extensive refurbishment and fit out of the restaurant and kitchen.

Energy Performance Certificate: An EPC has been commissioned.

Location details:

The Property is situated in a prominent location overlooking Tewkesbury Cross which forms the centre of the town and is highly visible from the three main access roads into Tewkesbury being the High Street, Barton Street and Church Street. 

Other major retailers nearby include Edinburgh Woollen Mill, Lloyds Chemist, WH Smith together with the major high street banks and building societies. 

Tewkesbury has a population of approximately 10,000 and benefits from excellent road links via Junction 9 of the M5 Motorway providing swift access to Worcester (16 miles) onto Birmingham and the north, Cheltenham (10 miles), Gloucester (10 miles) and Bristol (46 miles). Junction 1 of the M50 Motorway (2 miles) provides a quick link to Ross-on-Wye and South Wales.

Accommodation:

All measurements are approximate Net Internal Areas.

419.17 sq m (4,512 sq ft)

Terms:

The premises are available by way of a new full repairing and insuring lease for a minimum term of five years and to be contracted outside of the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.

Rent:

£50,000 per annum exclusive.

Services:

We are advised that all main services are connected to the premises and confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the implications before entering into any agreement.

Legal Costs:

Each party is to be responsible for their own legal costs incurred in the transaction.

Contact:

Alder King Property Consultants 

John Hawkins 01452 627135 jhawkins@alderking.com 

Vicki Grimshaw 01452 627131 vgrimshaw@alderking.com 

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