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Gloucestershire Business News

£300,000 landmark listed building in Gloucester

Greyfriars House is a Grade I Listed Building dating from the early 19th Century and is a prestigious former town house occupying two bays of the former Franciscan Friary which was founded in the 13th Century.

The property has three main stories with cellar and access is from the front or, alternatively, a ramp has been constructed providing access to the side elevation.

The ground and second floors are primarily open plan, and the first floor is cellular in nature. A kitchen, administration office and WC facilities are also provided.

The property has an EPC Rating of F-127. The EPC expired in September 2020.

Location:

Gloucester is the commercial and administrative centre of the County and supports a resident population of approximately 121,700 (2011 Census).

Gloucester has a strong and established traditional industrial base together with an expansion as an office centre through the developments on the business parks close to the Motorway junctions.

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.

Greyfriars House is situated in the centre of Gloucester, close to the main retail areas, with the historic Cross being only some 100 metres away. Greyfriars can be accessed via Southgate Street with vehicles or from Brunswick Road for pedestrians.

Accommodation:

The approximate net internal areas are as follows:

Ground Floor: 116.68 sq m (1,256 sq ft)

First Floor: 112.29 sq m (1,209 sq ft)

Second Floor: 127.26 sq m (1,370 sq ft)

Basement: 116.17 sq m (1,250 sq ft)

Total: 472.40 sq m (5,085 sq ft)

Rates:

A search on the Valuation Office Agency website has revealed the following entries:

Rateable Value: £18,250

Rate in £ 2021/2022: 0.499

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

Price:

Offers are invited in the region of £300,000.

Planning:

The property has been used as offices which falls within Class E (previously B1) of the Use Classes Order 1987.

The property is Grade I Listed and lies within a Conservation Area.

Terms:

The property is offered long leasehold with vacant possession.

Purchasers will have to demonstrate the capability and intention to preserve the historic elements of this Grade 1 Listed Building, and the adjacent Scheduled Ancient Monument.

VAT:

The property is not elected for VAT.

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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