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Gloucestershire Business News

6 Longsmith Street, Gloucester

The property comprises part of a three storey building of concrete frame construction with retail of the ground floor and residential above. Internally the accommodation provides a retail area to the front with storage and WC facilities to the rear. It has a fully glazed frontage.

The property has an EPC rating of C-72. Certificate Ref No: 0820-0732-1949-2507-6002.

Location:

The property is located on Longsmith Street close to the junction with Southgate Street and a short distance from Gloucester Cross which is traditionally considered the centre of the City.

It is situated just outside the pedestrianised area close to the Eastgate Centre and occupiers in the area include Tesco, Barclays Bank, Greggs and Subway.

Gloucester Docks, which is only a short distance away, has undergone a significant transformation with the development of Gloucester Quays and creation of new and refurbished apartments along with leisure and retail facilities.

Accommodation:

Approximate net internal area.

Retail: 20.87 sq m (225 sq ft)

Frontage: 4.08m

Shop depth: 6.05m

Store: 8.36 sq m (90 sq ft)

TOTAL: 29.23 sq m (315 sq ft)

Rates:

The entry currently appearing on the Valuation Office Agency website is as follows:

Rateable Value: £4,850

Rate in £ 2020/2021: 0.499

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

General Retail which falls within Class A1 of the Use Classes Order 1987.

It may suit alternative uses subject to the necessary consents being obtained.

Terms:

The property is offered by way of a new internal and insuring lease for a term to be agreed.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the rent price.

We recommend that prospective tenants establish the VAT implications before entering into any agreement.

Service charges:

A charge will be levied by the Landlord to cover the costs to maintain the communal areas.

Legal costs:

Each party to bear their own legal costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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