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Gloucestershire Business News

Retail - Former Countrywide, Station Road, Bourton on the Water, Cheltenham

The property provides an attached former Countrywide Store including garden centre with covered display area. The building is of steel frame construction with brickwork and profiled sheet elevations.

The front elevation is fitted with entrance canopy together with customer entrances and loading door. The internal areas have been used for retail and storage purposes and include staff facilities and offices.

We have measured the site using Promap Services and calculated the site extends to approximately 1.06 hectares (2.62 acres). The stated area excludes the sections hatched blue which are in separate ownership (see Terms).

EPC: The Energy Performance Certificate rating is C (55) (August 2017). The full certificate and recommendations can be provided on request.

Location details:

The property is set back from Station Road approximately 650 metres south of the junction with the A429 (The Fosseway) and 425 metres north of the centre of Bourton on the Water (via Moore Road).

The immediate area is predominantly residential and the property is directly opposite the George Moore Community Clinic.

Accommodation:

All measurements are approximate Gross Internal Areas.

Retail with ancillary facilities: 940.07 sq m (10,119 sq ft)

Garden centre: 272.09 sq m (2,929 sq ft)

TOTAL: 1,212.16sq m (13,048 sq ft)

Services:

We are advised that mains water and electricity are connected. The space heaters are served by lpg. 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.

Planning:

The property was used as a Countrywide Farmers Plc outlet for the sale of farming and equestrian products. The property is believed to have a restricted A1 (retail) planning consent.

Interested parties should make further enquiries regarding the existing and potential uses to the Local Planning Authority, Cotswold District Council 01285 623000.

Terms:

Sale of the freehold interest. The sale excludes Title Numbers GR228972 and GR239673 (see site plan -areas edged blue).

The Title includes a restriction on the retail sale of any food, alcohol and tobacco products. The adjoining owner also benefits from rights over parts of the site.

Guide Price:

£1,500,000.

Method of Sale:

All interested parties will be invited to make their offer by a fixed date. Details of the method of sale will be confirmed during the marketing period.

Business Rates:

The Valuation Office Agency website describes the property as "Retail, warehouse and premises", with a rateable value of £90,000.

Interested parties should make their own enquiries to Cotswold District Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the rating assessment. www.voa.gov.uk

VAT:

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

The property will be open for inspection on the following date: 30 May (Thursday) 2 pm - 3.30pm.

Contact:

Alder King Property Consultants

Philip Pratt

01452 627123

ppratt@alderking.com

Read more: Future of former Countrywide store secured 

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