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Gloucestershire Business News

St Aldate Chambers, Russell Street, Gloucester

The property comprises a substantial attached four storey Victorian office building slightly set back from Russell Street behind railed forecourt and with the benefit of a rear car park for 6 cars.

It is constructed of smooth rendered elevations under a double pitched interlocking concrete tiled roof behind a high front parapet. There is a small two storey rear extension in matching materials with a flat roof.

The property is heated by way of a gas fired central heating system.

The accommodation comprises a range of cellular and open plan offices, a fitted kitchen and WC facilities.

Location:

Gloucester is the commercial and administrative centre of the County and supports a resident population of approximately 121,700 (2011 Census).

Gloucester has a strong and established traditional industrial base together with, in recent years, a significant expansion as an office centre through the developments on the business parks close to the Motorway junctions.

Gloucester is located approximately 9 miles (14.5 km) west of Cheltenham, 35 miles (56.2 km) north of Bristol, 55 miles (88.5 km) south of Birmingham and 100 miles (161 km) west of London. Access to the motorway network is available at Junctions 11, 11A and 12 of the M5 and Junction 15 of the M4 at Swindon. The link to the M4 is via the A417/A419 trunk road.

The property is situated on the southern side of Russell Street, close to the junction with Clarence Street and is close to the City Centre and the railway and bus stations. This part of Russell Street is very conveniently situated for the main shopping area, with the prime retail area of Eastgate Street being approximately only 200 yards away.

Accommodation:

The approximate net internal areas are as follows:

Lower Ground Floor: 55.03 sq m (593 sq ft)

Ground Floor: 61.46 sq m (661 sq ft)

First Floor: 60.80 sq m (654 sq ft)

Second Floor: 73.42 sq m (790 sq ft)

Total: 250.71 sq m (2,698 sq ft)

Rates:

The Rateable Value appearing on the Valuation Office Agency website is as follows:

Rateable Value: £13,500

Rate in £ 2021/2022: 0.499

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

Price:

£300,000

Planning:

The property has been used as offices which falls within Class E (previously B1) of the Use Classes Order 1987.

Terms:

The property is offered freehold with vacant possession.

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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