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Gloucestershire Business News

The Climbing & Caving Centre, Gloucester

Description:

The Property comprises mid terrace five storey 19th Century depositary warehouse with brickwork elevations incorporating mainly UPVC double glazed windows beneath a double pitched timber trussed roof with slate covering incorporating roof lights.

The Property has been adapted for use as a specialist climbing and caving centre and is arranged on ground and four upper levels. The floors are linked by two steel staircases and an 8 person passenger lift.

Energy Performance Certificate: The energy performance certificate rating is C (51).

Location details:

The Property fronts Parliament Street close to its junction with Southgate Street. The Property is directly opposite The Docks and Southgate House. To the rear is Linden Homes, Greyfriars Quarter.

The traditional centre of the City, The Cross, is approximately 300 metres to the north.

Accommodation:

All measurements are approximate gross internal (to be verified).

1,850.80 sq m (19,921 sq ft)

Note: The architect's measured survey confirmed an approximate gross internal floor area, prior to conversion to the Climbing Centre (removal of sections for the climbing wall), at 2,615 m2 (28,145 ft2).

Planning:

The Property has an established D2 (Assembly and Leisure) use.

Indicative layout plans for a potential residential conversion have been prepared by Roberts Limbrick Architects. The scheme provides for 5 one-bedroom units and 15 two-bedroom units together with ground floor car parking spaces. A copy of the plans are available on request.

Further enquiries regarding the existing and potential uses should be made of the Local Planning Authority, Gloucester City Council.

The Property is situated within the Conservation Area and adjacent to a Protected Residential Area.

Terms:

Sale of the freehold interest with vacant possession upon completion.

Vacant possession will be provided on completion of the proposed relocation to a new purpose-built facility (early 2019).

Price:

Guide price - £1,000,000 exclusive of VAT, if payable.

Services:

We are advised that all main services are connected to the Property. We have not tested any service installations and therefore any purchaser must satisfy themselves independently as to the state and condition of such items.

Business Rates:

The Valuation Office agency website states that the Property has a rateable value of £32,000 ('Leisure Centre & premises'). Interested parties should make their own enquiries of the Local Billing Authority to ascertain the exact rates payable. A change of occupation may trigger an adjustment of the rating assessment.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the sale price. We recommend that the prospective purchasers establish the implications before entering into any agreement.

Legal Costs:

Each party is to be responsible for their own legal costs incurred in the transaction.

Contact:

Alder King Property Consultants 

Philip Pratt

01452 627123

ppratt@alderking.com 

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