31 Westgate Street, Gloucester, Gloucestershire
The property comprises a ground floor lock-up retail unit with staff kitchen and WC facilities located towards the rear of the accommodation.
The property has an EPC Rating of E-107.
The premises occupy an excellent position within the pedestrianised area of Westgate Street.
The property is adjacent to Moss Bros and close to occupiers such as McDonalds, British Heart Foundation and Betfred, together with several independent retailers.
(Approximate Net Internal area)
Ground Floor Retail: 59 sq m (635 sq ft)
The assessment currently appearing in the Valuation List is as follows:
Rateable Value: £13,500
Rate in £ 2021/2022: 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.
Within Class E (previously B1) of the Use Classes Order 1987.
The property is offered by way of a new lease for a term to be agreed.
Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that prospective tenants 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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