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Gloucestershire Business News

63 – 71 Northgate Street, Gloucester

A substantial retail unit arranged over ground and first floors and benefitting from the following:

  • Dual frontages onto both Northgate Street & Hare Lane
  • A single open plan retail area at ground floor level
  • Rear HGV loading access
  • Goods lifts to 1st Floor
  • 1st Floor storage
  • Staff welfare, rest rooms and WC facilities
  • Public car parking to rear (off Hare lane)

EPC: Available on request to the marketing agents.

Location:

The property is situated on Northgate Street in the heart of Gloucester City Centres main retail area. The cities prime retailing pitch is centred around the four 'gated streets' , namely Eastgate, Westgate, Southgate and Northgate Streets.

The City Centre is home to a range of both national and local occupiers including Primark, Iceland, TK Maxx, Marks & Spencer, Boots and H & M. Home and garden store Wilko are situated on the opposite side of Northgate street.

Gloucester is the county town and administrative centre of Gloucestershire and is approximately 35 from Bristol to the South and 60 miles from Birmingham to the North. The City benefits from an excellent strategic location adjacent the M5 Motorway and within easy reach of the M4 giving access to South Wales and London. The City has a population of circa 150,000.

Accommodation:

Ground Floor: 1,824 sq m (19,633 sq ft)

First Floor: 1,622.3 sq m (17,462 sq ft)

Total: 3,446.3 sq m (37,095 sq ft)

All floor areas are approximate and measured on a gross internal floor basis.

Rating:

The 2017 Rating List shows the property is described as Superstore and Premises with a rateable value of £236,000.

We understand retail occupiers may benefit from Business Rate relief/reduction during the financial year to April 2022. Accordingly, we would recommend interested parties make their own enquiries in this regard.

Quoting terms:

The property is available by way of a new Full Repairing And Insuring lease for a negotiable term of years.

Quoting rental:

On application to the marketing agents.

Services:

Mains water, drainage, gas and electric are connected to the property. NOTE : None of the services have been tested by Kurt Wyman Surveyors.

VAT:

All prices are quoted exclusive of VAT.

Legal costs:

Each party will be responsible for their own legal fees involved in the transaction.

Contact:

Kurt Wyman Surveyors 

Kurt Wyman

01452 380064

kurt@kurtwymansurveyors.co.uk 

ARC Retail, incorporating Downing Bentley

Andy Smallman

0117 2520532

andy@arcretail.co.uk 

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