The property comprises a ground floor retail unit located in a prime retail location, benefitting from glazed frontage to the high street.

The property comprises the main retail area, kitchenette, stores and a disabled WC. The premises is carpeted and decorated throughout. The upper floors have been converted to residential use.

Energy Performance Certificate: An EPC has been commissioned.

Location:

Gloucester is a historic Cathedral City conveniently situated 10 miles west of Cheltenham, and 35 miles north east of Bristol. Road connections are excellent with easy access to the M5 Motorway via Junctions 11, 11A and 12.

The property is prominently located on the corner of Southgate Street and Greyfriars Street, being in the heart of Gloucester city centre.

Southgate Street forms one of the 'Gate Streets', providing for one of the city's traditional high street shopping / retail areas.

The subject property is positioned prominently along Southgate Street, in the pedestrian link between the cross (the junction of the 'Gate Streets') and Gloucester Docks and Gloucester Quays.

Accommodation:

Accommodation All measurements are approximate Net Internal Areas. Area

Ground Floor Retail: 127.63 sq m (1,371 sq ft)

Terms:

The premises are available by way of a new effectively full repairing and insuring lease for a term of years to be agreed, with contribution for service charges and buildings insurance.

Rent:

£25,000 per annum exclusive.

Business rates:

The Valuation Office Agency website shows a Ratable Value of £24,000. Interested parties should make their own enquiries to the Local Billing Authority to ascertain the exact rates payable. A change in occupation may trigger an adjustment of rating assessment.

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

Services:

We are advised that 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.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants 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:

Alder King Property Consultants 

Giles Nash

01452 623290

07503 017 301

gnash@alderking.com 

Adrian Rowley

01452 627133

07771 874 175

arowley@alderking.com