New Development: Retail Units 1, 2 & 3, Foxglove Gardens, High Street, Coleford
Foxglove Gardens is an exciting new mixed-use development comprising residential and commercial uses set in a high-quality environment around a new public square and gardens.
The commercial element comprises three adjacent ground floor retail units fronting directly onto the public square. Unit 3 is currently under offer.
Each unit benefits from an aluminium glazed entrance screen, timber signboard and will be fitted out to include a WC, heating, lighting and electrics.
Units 1 and 2 benefit from an A1 (retail) Planning Consent with unit 3 benefiting from A3 (restaurant/café) Planning consent.
EPC Rating: EPC rating to be assessed upon occupation.
Coleford is a popular market town situated on the western edge of the Forest of Dean in Gloucestershire. The surrounding area is a popular tourist destination boasting many attractions including Puzzlewood and Clearwell Caves.
Additionally, the Forest of Dean and Wye Valley benefit from an extensive network of stoned roads and paths which have a nationwide attraction for outdoor enthusiasts and cyclists. A free weekend Music Festival is held annually in July within the town centre.
Coleford is well located being approximately 7 miles to the A40 at Monmouth to the North and 6 miles to the A48 at Lydney to the South.
Foxglove Gardens are located directly off the High Street within the main retail area of the town. A large public car park is located on the opposite side of the High Street off Railway Drive.
Adjacent occupiers include Tesco Express, Skoops Cards and Studio Cinema. Construction of a Lidl supermarket is currently underway. The Town also benefits from a range of cafes, hotels and restaurants and a Tourist Information Centre.
Unit 1: 775 sq ft (72 sq m)
Unit 2: 804 sq ft (74.7 sq m)
Unit 3: 865 sq ft (80.4 sq m) (Under Offer)
Business Rates to be assessed upon occupation.
The units are available by way of new Internal Repairing And Insuring Leases for a negotiable term of years.
Unit 1: £11,628 per annum exclusive
Unit 2: £12,060 per annum exclusive
Unit 3: £12,972 per annum exclusive (Under Offer)
A charge is levied to cover the upkeep and maintenance of the common parts of the development and maintenance of the common parts of the building.
Further details to be supplied by the marketing agents.
VAT will be charged on the rental.
Each party will be responsible for their own legal fees involved in the transaction.
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