21 Ermin Street, Gloucester
The property comprises a detached two storey building of rendered brick construction under a pitched tiled roof. The ground floor originally consisted of two retail units and has now been knocked through to create one open plan unit. The accommodation has also been extended to the side and rear of the property with single storey extensions.
The retail accommodation is currently in a basic condition with some incomplete works which will need to be made good. There is a main open plan retail area, kitchen, WC and storage rooms.
The residential accommodation on the first floor provides two bedrooms, a kitchen, bathroom and living room. Access to the flat is via ground floor door leading to a staircase to the first floor.
The property benefits from a substantial rear garden and off-road parking to the front.
EPC: The retail unit has an EPC Rating of C-60 and the flat, E-53.
The property is situated in a prominent position on the Northern side of Ermin Street within the Brockworth area of Gloucester, approximately 4 miles east from the city centre and 2 miles south from Junction 11A of the M5 motorway (via the A417).
The immediate area is predominantly residential; however, the property lies in close proximity to Gloucester Business Park which extends to circa 276 acres and offers a mix of high-quality office accommodation, retail and leisure facilities, industrial premises and residential.
(Approximate Net Internal area).
Retail unit: 148.38 sq m (1,567 sq ft).
2 bedrooms flat 41.45 sqm (446 sqft)
The property will need to be reassessed for rating purposes.
Within Classes A1 of the Use Classes Order 1987.
The ground floor retail unit is offered by way of a full repairing and insuring lease for a period of 6 years.
A rent review is to be incorporated on the 3rd anniversary of the term. Consideration will also be given to the sale of the freehold interest.
The property is not elected for VAT.
Each party to bear their own legal costs incurred in the transaction.
Simon McKeag: 07737 691453
Harry Pontifex: 01242 255242
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