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Gloucestershire Business News

9 Holmleigh Parade, Tuffley, Gloucester

The property is a mid-terrace ground floor self- contained retail unit.

The accommodation comprises the main retail area, a kitchen and WC facilities. The shop has a fully glazed frontage with shutter.

There is a communal car park to the rear of the property and on-street parking in the immediate area.

An EPC is being prepared.

Location

The property is in the heart of Tuffley, and the busy local centre includes a school, community centre, McColl's convenience store, Lloyd's Pharmacy, Longfield charity shop and a selection of takeaways.

Tuffley is in an established residential area and is just off one of the principle arterial routes into the City Centre and within some 3 miles from the M5.

Accommodation

Approximate Net Internal area 44.70 sq m (481 sq ft).

Rates

The assessment presently appearing on the Valuation Office Agency website is as follows:

Rateable Value: £7,200 Rate in £ 2021/2022: 0.499

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

Rent

£9,000.

Planning

The property has been used for general retail which falls within Class E (previously Class A1) of the Use Classes Order 1987.

Terms

The property is available to buy or offered by way of a new lease for a term to be agreed.

Price

£120,000.

Service charge

A charge will be levied by the landlord to cover the costs associated with the upkeep and maintenance of the communal areas.

VAT

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

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

Legal costs

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

Contact

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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