Retail - 38 Bristol Road, Gloucester
The property is a two storey mid-terrace building of brick construction under a pitched tiled roof. The accommodation comprises a retail unit on the ground floor with residential above.
The available retail unit is currently undergoing refurbishment and benefits from a fully glazed frontage with front and rear access. The property can be finished to suit an occupier's requirements, subject to terms being agreed.
There is on street parking immediately to the front of the property.
The property has an Energy Performance rating of E-116. Certificate Ref. No. 0370-0332-4359-1809-6092.
The property is located approximately 1 mile from the City Centre, close to the junction of Stroud Road/Bristol Road and the Inner Relief Road (Trier Way).
The Bristol Road provides a route south linking to the A38 Quedgeley Bypass and Junction 12 of the M5 (5 miles) The Inner Relief Road leads to the Outer Ring Road and the A417 and to Junction 11a of the M5 (4 miles).
The property lies in an established retail parade and is in close proximity to the Gloucester Quays development.
Approximate net internal area
42.59 sq m (458 sq ft).
A search on the Valuation Office Agency has confirmed the following:
Rateable Value: £4,400
Rate in £ 2018/2019: 0.493
Prospective occupiers are advised to make their own enquiries of the Local Authority to establish the position in respect of the inheritance of transitional relief.
The property has previously been used for general retail which falls within Class A1 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 the prospective tenants establish the VAT implications before entering into any agreement.
Each party to bear their own costs incurred in the transaction.
Simon McKeag 07737 691453
Rebecca Rigg 01452 300433
Harry Pontifex 01242 255242
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