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Gloucestershire Business News

46/50 Southgate Street, Gloucester

The accommodation comprises a ground floor restaurant unit previously occupied and fitted out by Prezzo.

The incoming tenant can potentially benefit from an extensive existing fit out, that includes a fitted kitchen, WCs, bar and dining areas.

Location details:

The property is located in the heart of the historic city of Gloucester, which is approximately 32 miles from Bristol, 45 miles from Birmingham, and 105 miles from London.

Gloucester benefits excellent access to the motorway network available from Junctions 11A and 12 of the M5.

Southgate Street is situated approximately 0.1 of a mile from both the prime retail area and approximately half a mile from the Gloucester Quays Outlet.

Energy Performance Certificate: An EPC has been commissioned.

Accommodation:

All measurements are approximate Net Internal Areas.

Total: 403.73 sq m (4,346 sq ft)

Terms:

The premises are available by way of a new full repairing and insuring lease for a term of years to be agreed.

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.

Business Rates:

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 rating 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:

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

Contact:

Alder King Property Consultants

Vicki Grimshaw

01452 627131

vgrimshaw@alderking.com

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