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Gloucestershire Business News

Commercial Investment - 25 Westgate Street, Gloucester

The property comprises a Georgian style town premises arranged over 4 stories with separate basement area under a pitched tiled roof. Internally the property is decorated to a good standard and is currently used as a tattoo and piercing parlour 'Bizarre'.

EPC: An EPC is to be commissioned ahead of a sale.

Location:

Westgate Street is situated within the historic Cathedral Quarter. The property is located within walking distance of Gloucester Cathedral and the Cross at the city centre.

Gloucester Quays lies to the south of the property with pay and display car parking facilities. Gloucester bus and railway stations are also within walking distance.

Nearby occupiers include; McDonalds, British Heart Foundation and Nationwide bank.

Accommodation:

Ground Floor: 62.97 sq m (678 sq ft)

First Floor: 28.81 sq m (310 sq ft)

Second Floor: 27.14 sq m (292 sq ft)

Third Floor: 30.58 sq m (329 sq ft)

Total: 149.50 sq m (1,609 sq ft)

*Awaiting confirmation on basement sizing.

Tenure:

Freehold. The property is currently tenanted and paying a rent of £15,000 per annum exclusive.

Business Rates:

We understand the rateable value to be: Description: Shop and Premises Rateable Value -  £13,000

We advise any interested purchaser to make their own enquiries with the Valuation Office Agency.

Price:

£325,000

Planning:

The property purchase price is subject to VAT (if applicable).

VAT:

The property purchase price is subject to VAT (if applicable).

Legal costs:

The property purchase price is subject to VAT (if applicable).

Contact:

Bruton Knowles

01452 880000

Edward Jenkinson - edward.jenkinson@brutonknowles.co.uk 

07825 426799

Phoebe Harmer - Phoebe.harmer@brutonknowles.co.uk 

07516 507939

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