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Gloucestershire Business News

Commercial and Residential Portfolio, Russell Street, Gloucester

On behalf of The Joint Liquidators Simon Girling and Christopher Marsden.

2A RUSSELL STREET

The property is attached and is built of brick under a flat roof and is 'L' shaped, originally linking into the rear of 12 Clarence Street, although the entrances at ground and first floor levels have been sealed.

Planning consent was granted in 2009 for a change of use from offices to three residential units with rear car parking.

The accommodation comprises:

Flat 1: Ground Floor Lobby, living room with kitchen area, 2 bedrooms, bathroom.

Flat 2: First Floor Lobby, living room with kitchen area, 2 bedrooms, bathroom.

Flat 3: Lower Ground Kitchen, Ground Floor Living room, First Floor Bedroom, bathroom

The three floors of this unit are linked by a spiral staircase.

All mains services are connected to the property and each flat has a gas fired central heating system with radiators. There is a communal store in the lower ground floor.

IMPERIAL HOUSE

The property comprises a substantial two storey Victorian building of brick construction, under a pitched slate covered roof behind a front parapet wall. There is a large two storey rear extension dating from the 1950s in brick under a flat roof. The property was in office use for many years but has been converted into four self-contained flats and comprises the following:

Ground Floor

Flat 1 (front) With entrance directly off Russell Street, living room/kitchen, bedroom, bathroom.

Flat 2 (rear) Communal entrance hall, living room/kitchen, bedroom, bathroom.

First Floor

Flat 3 (front) Entrance hall, living room/kitchen, two bedrooms, bathroom.

Flat 4 (rear) Living room/kitchen, bedroom, bathroom.

Each flat has an independent gas fired central heating system with radiators.

BOW BELLS

The property comprises a Florist Shop converted in 2009 from office use. It is attached, is single storey and constructed of facing brick to both the front and part of the side elevations, under a flat roof.

There is a central pedestrian entrance door and front display windows, and the property has a gas fired central heating system. The approximate net internal areas are as follows:

Retail Shop 49.72 sq m (535 sq ft)

Rear Preparation area 19.52 sq m (210 sq ft)

Rear lobby

Rear store with kitchen 34.39 sq m (125 sq ft)

Store 11.62 sq m (125 sq ft)

Cloakroom with WC and hand basin.

Total: 115.25 sq m (1,240 sq ft)

There is a small concrete forecourt to the front.

ST ALDATE CHAMBERS

The property comprises a substantial attached four storey Victorian office building slightly set back from Russell Street behind railed forecourt and with the benefit of a rear car park for 6 cars. The property is constructed of smooth rendered elevations under a double pitched interlocking concrete tiled roof behind a high front parapet. There is a small two storey rear extension in matching materials with a flat roof.

The property is heated by way of a gas fired central heating system. The accommodation comprises a range of cellular and open plan offices, a fitted kitchen and WC facilities. The approximate net internal areas are as follows:

Lower Ground Floor 55.03 sq m (593 sq ft)

Ground Floor 61.46 sq m (661 sq ft)

First Floor 60.80 sq m (654 sq ft)

Second Floor 73.42 sq m (790 sq ft)

Total: 250.71 sq m (2698 sq ft)

CAR PARK AND GARAGES

The access to the car park is off Russell Street via an electronically operated security gate.

It has a tarmacadum surfaced car park, the western part of which is constricted by a large pear tree.

It also includes two brick-built garages with pitched felt covered roofs and sliding wooden doors fronting Russell Street.

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, in recent years, a significant 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. The link to the M4 is via the A417/A419 trunk road.

The properties are situated on the southern side of Russell Street, close to the junction with Clarence Street and is close to the City Centre and the railway and bus stations. This part of Russell Street is very conveniently situated for the main shopping area, with the prime retail area of Eastgate Street being approximately only 200 yards away.

Accommodation & Rates:

More information is available to download on Ash & Co's website, under "View Documents"

Planning:

Offices, residential, retail and storage.

Terms:

The property is offered freehold subject to the occupational tenancies outlined in the Tenancy Schedule. Consideration will be given to the individual sale of St Aldate Chambers.

Price:

£1,400,000

VAT:

The property is 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

Fraser Mitchell: 01452 300433

Joint Agents PACT

Contact - Chris Price

07979 541215

chris.price@pactproperty.co.uk 

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