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Gloucestershire Business News

Development - Innsworth District Centre, Gloucester

Innsworth District Centre is located at the heart of Innsworth, a growing residential suburb on the north side of Gloucester.

The ten-acre site is located at the junction of Frog Furlong Lane and Innsworth Lane occupying a prominent position opposite existing housing and on the main road linking Gloucester and Cheltenham.

Access will be further improved with the construction of a brand-new link to the A40 adjacent to the site.

Development

The Development forms part of a wider mixed-use scheme that also includes 1,300 new homes, an office park and a new business park.

The District Centre benefits from outline planning consent for a supermarket of 21,528 sq ft (2,000 sqm) GIA, retail kiosk units, public house/restaurant, leisure centre, health centre, nursery, community centre and offices. Alternative uses may also be permitted subject to planning.

Key Features

Largest single provision of local shopping, leisure and healthcare facilities in the north side of Gloucester.

Prominent main road location with excellent links to Gloucester, Cheltenham and Gloucestershire Airport Access to 2,300 homes in the Innsworth catchment once the wider development has completed Added benefit of central location with potential to draw from Churchdown, Longlevens, Twigworth, Longford with over 12,000 people living within a 5-minute drive time of the site. Major military base at Imjin Barracks home to the Allied Rapid Response unit where 9,000 foreign personnel and UK military are stationed.

Innsworth Technology Park home to 80 local businesses Over 193,000 sq ft (17,930 sqm) of new office and industrial development as part of the wider scheme.

Quoting Terms

New build premises will be available on a leasehold or freehold basis on a phased basis from late 2020. Full terms available upon application to the joint agents.

Specification

The units will be delivered to a shell specification with capped off services and shop fronts, where applicable.

VAT

VAT is applicable to the rent and sale price.

Contact

Alder King Property Consultants

Adrian Rowley

07771 874175

arowley@alderking.com

OR

Andy Smallman

07921 744289

andy@arcretail.co.uk

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