9 Westgate Street, Gloucester
The property comprises a four-storey grade II listed (excluding basement) mid terraced building of masonry construction with rendered front and rear elevations and part glazed ground display frontage to Westgate Street.
It has single glazed timber sash windows throughout beneath a pitched tiled roof with terraced flat roofs to the rear of the property.
Internally, the accommodation comprises a retail area and storage room on the ground floor with storage, offices, and staff facilities on the upper floors.
Generally, the property has partly plastered painted walls and ceilings, except for the retail sales area which has suspended ceilings. There is currently minimum lighting within the building.
We understand the building is listed and an EPC is not required.
The property is situated in the Cathedral Quarter of the City and fronts the southern side of Westgate Street to the west of The Cross junction within a pedestrianised section of the road.
It is a short distance from Gloucester Cathedral and within ½ a mile of Gloucester Docks and Gloucester Quays developments where there is a mix of leisure, cinema and 'outlet style' retail and residential property.
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).
Occupiers in the immediate vicinity include The Works, McDonalds, The Halifax, Vodafone, Nationwide Building Society, HSBC, Santander Bank, and The Coventry, in addition to a mix of independent sole traders.
(Approximate net internal areas)
Ground Floor: 114.66 sq m (1,234 sq ft)
First Floor: 86.92 sq m (935 sq ft)
Second Floor: 53.87 sq m (579 sq ft)
Third Floor: 52.32 sq m (563 sq ft)
Total: 307.77 sq m (3,313 sq ft)
The assessment currently appearing in the Valuation List is as follows:
Ground Floor Retail: £31,250
Upper Floor Office: £7,800
Rate in the £ 2022/2023: 0.499
Prospective tenants should contact the Local Authority to verify the actual rates payable and to establish any transitional relief that may be applicable.
The property has been used for general retail which falls within Class E of the Use Classes Order 1987.
The property is offered by way of a new lease for a term to be agreed. Rental figures for the ground floor or the upper floors only are available on request.
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.
Each party to bear their own legal costs incurred in the transaction.
Simon McKeag: 07737 691453
Harry Pontifex: 01242 255242
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