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Gloucestershire Business News

44-50 Eastgate Street, Gloucester

Iconic 'Art Deco' building in a prominent corner location within the city centre with accommodation over 5 floors that is suitable for a variety of uses (STP).

This building was previously occupied by Argos, The Furniture Recycling Project and a Christmas shop.

A substantial town centre property previously used for retail uses, however may be suitable for other uses including leisure and offices subject to obtaining any necessary planning consents.

The accommodation is currently arranged over basement, ground, 1st, 2nd and 3rd floors. Floorplates are predominantly open plan with rear loading access at ground floor level.

The property benefits from glazed shop fronts at ground floor level fronting onto both Eastgate Street and Brunswick Road. The upper floors benefit from a good level of natural light.

EPC Rating: TBC

Location

The property occupies a prominent position on the corner of Eastgate Street and Brunswick Road in the heart of the City's main retail area. King's Walk and Eastgate shopping centres are both within a 1-minute walk.

The property is within close proximity to the city's new bus station and mainline railway station. Over recent years Gloucester city centre has benefitted from substantial inward investment which has included a new Transport Hub, upgrading of public open spaces around Gloucester Cathedral and numerous city centre housing schemes for both private and student sectors.

Works have already commenced for a £5m upgrade to Kings Square which will provide new public realm, outdoor performance spaces along with new food and beverage outlets to provide a focal point to the city centre.

Accommodation

Ground floor:

Retail: 1,524 sq m (16,403 sq ft)

First floor:

Retail storage: 1,506 sq m (16,214 sq ft)

Second floor:

Formerly offices: 951 sq m (10,234 sq ft)

Third floor:

Formerly offices: 512 sq m (5,515 sq ft)

Basement:

Storage: 911 sq m (9,809 sq ft)

Total: 5,405 sq m (58,175 sq ft)

Services

All mains services are connected to the property.

NOTE: None of the services have been tested by Kurt Wyman Surveyors.

Business Rates

Interested parties are advised to make their own enquiries in regards business rates.

Quoting Terms

The property is available by way of a new Full Repairing & Insuring Lease for a negotiable term of years. Consideration may be given to leasing individual floors or parts of floors.

Quoting Rental

On application to the letting agents.

VAT

All prices are quoted exclusive of VAT.

Legal costs

Each party will be responsible for their own legal fees involved in the transaction.

Contact

Kurt Wyman Surveyors 

01452 380064

Kurt Wyman

kurt@kurtwymansurveyors.co.uk 

ARC Retail Property Consultants

0117 252 0532

Andy Smallman

andy@arcretail.co.uk 

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