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Gloucestershire Business News

3/4 Corolin Trading Estate, Off Lower Tuffley Lane, Gloucester

A terrace of industrial warehouse units of frame construction with brick and clad elevations and arranged to provide office accommodation at the front with loading access to the rear. The internal clear working height is approximately 4.85m.

The property sits within a self-contained plot with two access points from Corolin Road.

Unit 3/4 is the last unit remaining and offers the potential to be taken as a whole, or can be separated to provide two smaller units.

Energy Performance Certificate: An EPC has been commissioned and will be available for inspection.

Location details:

The property is situated with access from Corolin Road close to its junction with Lower Tuffley Lane and approximately 0.25 miles off the A430 Bristol Road.

The site has excellent access to the Gloucester Ring Road, the A38 and the Gloucester South West Bypass, all within approximately 0.5 miles.

The A38 provides dual carriageway access to Junction 12 of the M5 Motorway approximately 3 miles south and the Bristol Road provides access to Gloucester city centre approximately 2.5 miles north.

Accommodation:

All measurements are approximate Gross Internal Areas.

Industrial area & amenities: 1,038.24 sq m (11,176 sq ft)

First floor offices & amenities: 148.70 sq m (1,600 sq ft)

TOTAL: 1,186.94 sq m (12,776 sq ft)

If the units are separated, they will offer the following approximate floor areas:

Unit 3:

Industrial area & amenities: 472.26 sq m (5,083 sq ft)

First floor offices & amenities: 74.44 sq m (801 sq ft)

TOTAL: 566.41 sq m (6,097 sq ft)

Unit 4:

Industrial area & amenities: 524.35 sq m (5,644 sq ft)

First floor offices & amenities: 74.26 sq m (799 sq ft)

TOTAL: 598.61 sq m (6,443 sq ft)

Terms:

The property can be available as a whole or separated to provide smaller units, by way of new full repairing and insuring leases on terms to be agreed.

Rent:

Unit 3/4: £63,880 per annum exclusive.

If the units are separated, they will be available based on the below quoting rents:

Unit 3: £33,533 per annum exclusive

Unit 4: £35,436 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.

Business Rates:

The premises will require separate new assessments.

Interested parties should make their own enquiries to the Local Billing Authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.

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:

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.

Contact:

Alder King Property Consultants

Vicki Grimshaw

01452 627131

vgrimshaw@alderking.com

OR

Adrian Rowley

01452 627133

arowley@alderking.com

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