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Gloucestershire Business News

88 Westgate Street, Gloucester

The property is situated at the end of the pedestrianised area adjacent to Three Cocks Lane and comprises a single storey building of rendered brick construction under a flat roof.

It benefits from a fully glazed frontage and the accommodation has been partially fitted out to provide retail space, an area designated for a kitchen, storage, shower room and WC facilities.

The main access is off Westgate Street and there is a secondary entrance off Three Cocks Lane.

The property has an EPC rating of E-101. Certificate Ref No: 0450-0535-8949-3591-2002.

Location details:

The property is located in a prominent position at the lower end of Westgate Street, close to Gloucestershire County Council's Headquarters building, Shire Hall.

Westgate Street is one of the main shopping areas in Gloucester and the property lies within 500 metres of Gloucester Cross, which is traditionally regarded as the City Centre, and Gloucester Cathedral.

Gloucester is well connected to the motorway network, being served by three junctions of the M5; junction 11 provides access via the A40 (3 miles), junction12 to the south (5 miles) and junction 11a (3 miles) connects to the Brockworth Bypass, Cirencester/Swindon and the M4 motorway at junction 15 (34 miles).

Accommodation:

Approximate net internal area

101.57 sq m (1,093 sq ft).

Rates:

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

Rateable Value: £5,400

Rate in the £ 2019/2020: 0.491

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

Planning:

The property was previously used as an A3 restaurant and consent was obtained in 2016 for an A5 takeaway.

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

Terms:

The property is available freehold with vacant possession.

VAT:

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

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

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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