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Gloucestershire Business News

104 Northgate Street, Gloucester

Available January 2024

New self-contained retail unit located a short distance from The Forum a new development which includes a new hotel, offices, apartments and multi-storey car park.

The property will comprise a self-contained retail unit with fully glazed aluminium framed frontage to Northgate Street. There is a second pedestrian access to the side.

The unit will be completed to a shell, with water, drainage, and electric supplies but no gas.

An EPC will be prepared at completion.

Accommodation:

Approximate net internal area

55.47 sq m (597 sq ft)

Rent:

£10,500

Rates:

The property will need to be assessed for rating purposes. Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

Consent has been granted for Class E of the Uses Classes Order 1987 but may suit alternative uses subject to the necessary consent being obtained. The property is not Listed however does lie within a Conservation Area.

Terms:

The property is offered by way of a new lease for a term to be agreed. Consideration will also be given to the sale of a long leasehold interest.

Service charges:

A charge will be levied to the tenant to cover the costs associated with maintaining the common parts of the property. Further information is available from the agents.

VAT:

Under the Finance Acts 1989 and 1987, VAT may be levied on the rent. We recommend that prospective tenants establish the VAT applications before entering into any agreements.

Legal costs:

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

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 07917 886176

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