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Gloucestershire Business News

Gloucester - Retail unit, 55 Northgate Street

Description:

The premises comprise a three storey building with retail premises on the ground floor and office accommodation to first and second floors accessed by a separate entrance.

The subject property is located on the ground floor and was previously occupied by Britannia Building Society. The accommodation comprises a retail area, meeting rooms, staff facilities and a WC. It benefits from a substantial return frontage along Hare Lane.

There is no car parking included with the premises, however a 100 space public NCP car park is located at the end of Hare Lane.

Location details:

Northgate Street connects to the A430 via Worcester Street which in turn provides easy access to Junction 11a of the M5, 4 miles distant via the B403 London Road. Gloucester lies 8 miles east of Cheltenham via the A38 and A40 and is 28 miles north of Bristol. The city has regular train services to Bath, Bristol and Birmingham and Gloucester Airport is within a 10 minute drive.

The property is located on the corner of Northgate Street in the centre of Gloucester's shopping area with neighbouring occupiers including Sainsburys, Wilkinsons and a number if retail shops, banks and public houses.

Accommodation:

Approximate net internal area

67.11 sq m (722 sq ft)

Rates:

Rateable Value: £7,400

Rate in the £ 2017/2018: 0.479

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

Financial Services which falls within Class A2 of the Use Classes Order 1987. A change of use to General Retail (Class A1 is permitted).

Terms:

The premises are available by way of a new full repairing and insuring lease for a term to be agreed.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the rental. We recommend that prospective tenants establish the VAT implications before entering into any agreement.

Service Charges:

A charge will be levied by the landlord to cover the costs associated with the upkeep and maintenance of the exterior.

Legal Costs:

Each party to be responsible for their own legal costs incurred with the transaction.

Contact:

Ash & Co 

Simon McKeag 07737 691453

Rebecca Rigg 01452 300433

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