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Gloucestershire Business News

Retail - 149 High Street, Tewkesbury

The property comprises a ground floor retail unit within a 3 storey Grade II Listed building of traditional brick construction under a pitched and flat roof behind a parapet wall.

Internally, the shop comprises a retail area with painted plastered walls and ceilings with carpet floors coverings. There is a storage and WC facility to the rear. There is a shared yard area to the rear of the building.

The property also has the benefit of A3 use.

An EPC is being prepared.

Location details:

The property is located on the High Street, approximately 100 ft from the roundabout where the High Street meets Church Street and Barton Street and only a short walking distance from the Abbey. It is situated in an area of mainly retail use and occupiers in the area include WH Smith, EE, Betfred and the Card Factory.

Accommodation:

(Approximate Net Internal area)

Total: 50.95 sq m (549 sq ft)

Rates:

The assessment presently appearing on the Valuation Office Agency website is as follows:

Rateable Value: £12,500

Rate in £ 2019/2020: 0.491

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

Planning:

Then property benefits from A3 use class. The property is Grade II Listed.

Terms:

Freehold with Vacant Possession or the property is offered by way of a new lease for a term to be agreed.

Please note that the upper parts were sold in 2000 on a long leasehold basis at an annual ground rent of £100 with joint repairing covenants.

VAT:

The property is elected for VAT.

Legal Costs:

Each party to bear their own costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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