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Gloucestershire Business News

133 - 134 High Street, Tewkesbury

A three-storey building with basement in the heart of Tewkesbury town centre.

The ground floor provides a partly open plan sales area with suspended ceilings and is currently configured with separate meeting rooms towards the rear.

The first and second floors provide useful ancillary accommodation in the form of a number of separate rooms and staff kitchen and WC facilities.

The second floor provides additional ancillary accommodation, and the basement is suitable for storage with a goods lift connecting the ground and basement levels.

There is good circulation space on all levels and the building could suit a number of uses (subject to any necessary consents). Externally, the property benefits from rear parking for 4 cars.

EPC: D (79). Please request a copy of the full report.

Location:

This historic town of Tewkesbury is located approximately 2 miles west of junction 9 of the M5 motorway.

The town provides good access to the Midlands and south west via the M5, and London via the A417/9 dual carriageway on the M4 motorway. There is also a mainline rail link from Ashchurch Parkway situated within ½ mile of Junction 9 of the east side of the motorway.

The subject property is prominently situated on the main High Street in Tewkesbury town centre, the prime shopping area for the town. Other nearby occupiers include HSBC, Greggs, Peacocks, Tewkesbury Cards & Gifts and Café au Chocolate.

Accommodation:

The approximate net internal floor areas are as follows:

Ground Floor: 102.6 sq m (1,104 sq ft)

First Floor 53.9 sq m (580 sq ft)

Second Floor: 51.0 sq m (549 sq ft)

Basement: 17.3 sq m (186 sq ft)

Total: 224.8 sq m (2,419 sq ft)

Terms:

Available on a new effectively full repairing and insuring lease for a term of years to be agreed incorporating regular upward only rent reviews.

Rent:

£28,000 per annum exclusive.

Planning:

The property has most recently been occupied as a bank falling within the new 'Class E' use class. Class E includes a range of uses including retail, restaurant, office, financial & professional services, medical & health and some leisure.

Rates:

Rateable Value: £20,500

The above information was obtained from the Valuation Office website.

Interested parties should make their own enquiries of the billing authority (Tewkesbury Borough Council) to verify the current rates payable.

VAT:

VAT may be payable on the rent or any other charges or payments detailed.

All figures quoted are exclusive of VAT and intending lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.

Code for Leasing Business Premises (2020):

All tenants should be aware of the Code for Leasing Business Premises and are recommended to seek professional advice relating to this, or any, commercial property letting transaction.

Legal costs:

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

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk 

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