46 Southgate Street, Gloucester
By Matt Hall
The premises currently form part of the former Prezzo restaurant and has previously been used for storage.
The space is to be sub-divided to create a self-contained shell unit with new front door and windows. The unit would suit a variety of different uses, subject to the necessary planning consents.
Energy Performance Certificate: An EPC will be available for inspection.
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.
All measurements are approximate Gross Internal Areas:
304 sq m (3,272 sq ft)
We 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.
The property is available by way of a new full repairing and insuring lease for a term to be agreed.
Initial rent to be based upon £25,000 per annum exclusive.
Interested parties should make their own enquiries to Gloucester City Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.
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.
Each party is to be responsible for paying their own legal fees associated with any transaction.
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