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Gloucestershire Business News

2 Russell Street, Gloucester

The property is an end terrace, Grade II Listed office building (originally constructed as a dwelling), built in the mid-19th Century generally of brick construction but with cut stone front elevations with pitched slate roofs and dormer windows behind a front parapet. It has single glazed timber framed windows.

The accommodation is arranged on four main floors with a basement. The offices are cellular in nature and have been finished to a basic specification with mainly carpeted floor coverings, emulsion painted walls and ceilings and are heated by way of a gas fired central heating system via radiators.

There are wall mounted electricity, computer, and telephone points together with electric storage heaters. Kitchen and WC facilities are provided. The building has kitchenette and cloakroom facilities.

The property has an EPC Rating of E118.

Location:

Gloucester is located approximately 9 miles (14.5 km) west of Cheltenham, 35 miles (56.2 km) north of Bristol, 55 miles (88.5 km) south of Birmingham and 100 miles (161 km) west of London. Access to the motorway network is available at Junctions 11, 11A and 12 of the M5 and Junction 15 of the M4 at Swindon.

The link to the M4 is via the A417/A419 trunk road. Gloucester Railway Station provides direct services to London with journeys taking just under two hours, and both Gloucester and Cheltenham share a local airport at Staverton, approximately 8 miles away.

The property is situated on the eastern side of Clarence Street, close to the Kings Quarter Redevelopment and the railway and bus stations. On the opposite side of the road is the Kings Walk Shopping Centre.

Accommodation:

Approximate net internal floor areas

295.15 sq m (3,177 sq ft).

Price:

£310,000

Rates:

The property is combined with the neighbouring buildings for rating purposes and would need to be separately assessed. Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

The property is Grade II Listed and lies within a Conservation Area. It has been used as offices within Class E (previously Class B1) of the Use Classes Order 1987. It may suit alternative uses, subject to the necessary consents being obtained.

Terms:

The property is offered freehold with vacant possession.

VAT:

The property is not elected for VAT and therefore it will not be applicable on the purchase price.

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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