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Gloucestershire Business News

Retail: 32 - 34 Westgate Street, Gloucester

The property comprises a mid-terrace five storey building of brickwork elevations under a mix of pitched and flat roofs.

Internally, the premises comprise retail space to the ground and first floors with ancillary accommodation to the basement, second and third floors, which is capable of being divided to provide accommodation suitable for a variety of uses along with residential accommodation to the upper floors, subject to obtaining the necessary planning consent(s).

The upper floors and basement are accessible from a separate front access which leads to a stairwell to the rear of the building which accesses all floors. The ground floor retail space also has access to the rear stairwell, and a single staircase also links the ground and first floors directly.

ENERGY PERFORMANCE CERTIFICATE (EPC) The building is assessed at an energy efficiency rating of C67. A copy of the certificate is available on request.

Location details:

The Cathedral City of Gloucester is located approximately 110 miles to the west of London and is served by the M5 motorway (junctions 11 & 12) linking to Birmingham 45 miles to the north, Bristol 37 miles to the south, and is the 53rd largest settlement in the United Kingdom by population, having a population of £121,688 (2011 census).

Gloucester railway station has frequent trains to London Paddington, Reading, Bristol, Cardiff Central, Nottingham and Birmingham.

Westgate Street is one of the four main streets of Gloucester that meet at The Cross, the historic centre of the city, and provides access to the Cathedral and to Shire Hall.

32-34 Westgate Street is located in the pedestrianised section of Westgate Street, approximately 150 metres from The Cross, with the Cathedral directly to and visible from the rear of the property.

Accommodation:

Approximate measurements and floor areas provided by John D Wood & Co and not verified or measured by John Ryde Commercial

Basement: 181.99 sq m (1,959 sq ft)

Ground Floor: 606.17 sq m (6,525 sq ft)

First floor: 451.77 sq m (4,863 sq ft)

Second floor: 64.01 sq m (689 sq ft)

Third floor: 31.77 sq m (342 sq ft)

Total: 1,335.71 sq m (14,378 sq ft)

Lease:

The premises are available on a new full repairing and insuring lease, for a period of years to be agreed, and incorporating periodic upward only rent reviews. A rent deposit may be required.

Rent:

Rent on application.

Services:

It is understood mains electricity, water and drainage are connected.

Business Rates:

The premises are assessed at a Rateable Value of £68,500.

Source: Valuation Office Agency website.

VAT:

The property is elected for VAT.

Legal costs:

Each party are to be responsible for their own legal costs incurred during this transaction.

Contact:

John Ryde Commercial

Tel: 01242 576276

Email: anthonyjohns@johnryde.co.uk 

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