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Gloucestershire Business News

Former New Look Store, Brunswick Road, Gloucester

The subject property comprises a two-storey self-contained unit benefiting ground floor retail accommodation with fully glazed frontage. The first floor was previously used for offices and storage.

The unit benefits commercial lift and rear loading which is shared with the neighbouring property.

The property is located close to the main retail pitch and the significant and attractive Greyfriars Redevelopment Scheme which comprises over 200 residential units and a range of ancillary retail units.

The property benefits from A1 Retail consent, but would suit a range of alternative uses, subject to planning.

Energy Performance Certificate: An EPC has been commissioned.

Location:

Gloucester is a historic Cathedral City conveniently situated 10 miles west of Cheltenham, and 35 miles north east of Bristol. Road connections are excellent with easy access to the M5 Motorway via Junctions 11, 11A and 12.

The property is located close to the main retail pitch and the city's train and bus stations. Local occupiers include Boots, Primark, WHSmith and Accessorize.

Accommodation:

The VOA website shows the property to extend to the following Gross Internal Areas.

1,796.9 sq m (19,342 sq ft)

Services:

We are advised that all main services are connected to the premises and confirm that 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.

Terms:

The accommodation is available on a new effectively full repairing and insuring lease for a term to be agreed. Alternatively, a sale of the long leasehold will be considered.

Rent/Price:

Upon application.

Business Rates:

Interested parties should make their own enquiries to the Local Billing Authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.

VAT:

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

Contact:

Alder King Property Consultants 

Vicki Grimshaw

01452 627131

vgrimshaw@alderking.com 

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