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Gloucestershire Business News

5 Dyer Street, Cirencester

The Grade II Listed Building is arranged over ground, first and second floors, providing a mixture of cellular and open plan space together with ancillary kitchen and cloakroom facilities.

There is also a substantial basement suitable for ancillary storage uses (restricted headroom).

The property is suitable for offices or alternative uses subject to planning (having regard to the Grade II Listed and Conservation Area status).

Externally there is a substantial gated car park accessed off The Waterloo with approximately 30 spaces.

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

Location details:

Cirencester is situated equidistant between the M5 to the north and M4 to the south. Gloucester and Cheltenham are 12 miles to the north and Swindon is 14 miles to the south, accessed via the A417/A419 which are in the main dual carriageways.

Kemble railway station is only 3 miles away and provides direct access to London Paddington in 75 minutes and Swindon or Cheltenham in 20 minutes.

The property is situated in the heart of the town centre opposite Marks & Spencer and adjacent to The Wool market. There is a wealth of independent retailers and restaurants/pubs situated all around.

Accommodation:

We have measured the property in accordance with the RICS Property Measurement Professional Statement (First Edition) incorporating International Property Measurement Standards (IPMS) and RICS Code of Measuring Practice.

Second floor

Main building: 146.61 sq m (1,578 sq ft)

Extension: 52.60 sq m (566 sq ft)

First floor

Main building: 135.63 sq m (1,460 sq ft)

Extension: 58.60 sq m (631 sq ft)

Kitchenette: 4.56 sq m (49 sq ft)

Ground floor

Main building: 122.15 sq m (1,315 sq ft)

Extension: 45.43 sq m (490 sq ft)

Storage: 8.20 sq m (88 sq ft)

Basement

Storage: 88.04 sq m (947 sq ft)

Total: 661.81 sq m (7,124 sq ft)

The site has been measured using Promap and we have calculated this to be approximately 0.36 acres (0.14 hectares).

Planning:

We understand that the property has planning consent for offices. The property may also be suitable for alternative uses and development within the car park. All interested parties should make their own enquiries in respect of the existing and potential uses to the Planning Department of Cotswold District Council www.cotswold.gov.uk

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.

Terms:

The property is for sale on a freehold basis with vacant possession at offers in excess of £1,000,000. Alternatively consideration may be given to a letting.

The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk

Business Rates:

The Valuation Office Agency website describes the property as "Offices and Premises" with a rateable value of £40,750.Interested parties should make their own enquiries to the local billing authority, Cotswold District Council, to ascertain the exact rates payable. A change in occupation may trigger an adjustment of the rating assessment.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the Rent/Sale price. We recommend that the prospective tenants/purchasers 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:

Alderking

James Gregory - Partner, Swindon

01793 428106

jgregory@alderking.com 

Philip Pratt - Partner, Gloucester

01452 627123

ppratt@alderking.com 

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