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Gloucestershire Business News

Block M, Units 1-3 Friars Orchard, Brunswick Road, Gloucester

The unit is located within the ground floor of a two-storey building providing predominantly residential accommodation.

The accommodation is finished as a shell available for tenants fit out. The property is available as a whole or can be subdivided to provide three smaller units.

The property benefits from A1 Retail consent, but would suit a range of retail uses, subject to planning.

Development in the immediate area could potentially provide a total of over 200 residential units.

Energy Performance Certificate (EPC): The unit has been awarded an energy performance asset rating of A (18).

Location:

The property is located within Gloucester City Centre in close proximity to the main retail pitch where Eastgate Street, Northgate Street, Southgate Street and Westgate Street converge, commonly known as The Cross.

The city's train and bus stations are also within close walking distance, as are some of the city's more prestigious office occupies such as Ecclesiastical and the NHS.

Accommodation:

All measurements are approximate Net Internal Areas.

Total: 152.19 sq m (1,638 sq ft)

Services:

We are advised that all 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.

Terms:

The accommodation is available on a new effectively full repairing and insuring lease for a term to be agreed. Alternatively, a sale of the long leasehold may be considered.

Rent:

£25,000 per annum exclusive.

Price:

As one unit: £250,000 plus VAT.

Business Rates:

Interested parties should make their own enquiries to the Local Billing Authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. The Code for Leasing Business Premises in England and Wales 2007 Please see www.leasingbusinesspremises.co.uk.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the rent/sale price. We recommend that the prospective tenants/purchasers 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 627135

gnash@alderking.com 

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