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Gloucestershire Business News

Unit 1 Capitol Park, Pearce Way, Gloucester

The unit comprises an end of terrace industrial warehouse unit of steel portal frame construction with brick and clad elevations beneath a double skin roof with translucent panels.

Internally the property comprises a workshop/warehouse with office, store room and toilet on the ground floor, with another smaller office, store room and toilet on the first-floor mezzanine.

The warehouse has an eaves height of approximately 5.2 metres. Access is provided by a sectional overhead loading door, as well as a pedestrian door within the front elevation.

Energy Performance Certificate: The Energy Performance Certificate rating is D (99) (February 2011). The full certificate and recommendations can be provided on request.

Location:

The unit is located at Capitol Park on Pearce Way off the A430 Bristol Road. The Bristol Road is the primary route between Gloucester City Centre and the South.

Gloucester City Centre is approximately 2 miles north, the Gloucester ring road is approximately 1 mile south, and Junction 12 of the M5 Motorway is approximately 3 miles south.

Accommodation:

Warehouse: 115.85 sq m (1,247 sq ft)

Office (Ground Floor): 44.50 sq m (479 sq ft)

Office & Storage (First Floor) 52.15 sq m (572 sq ft)

TOTAL: 213.49 sq m (2,298 sq ft)

All measurements are approximate Gross Internal Areas.

Lease:

The unit is available on a new full repairing and insuring lease to be contracted outside of the security of tenure and compensation provisions of the Landlord & Tenant Act 1954, on terms to be agreed.

Rent:

£15,000 per annum exclusive.

Parking:

There is parking to the front of the property, and gravelled parking to the side elevation.

Services:

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

Title:

We confirm that we have not had sight of the title documentation for the property and interested parties/their legal advisors should rely on their own investigations.

Business Rates:

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

Workshop and premises: £10,500

Interested parties should make their own enquiries with the Local Billing Authority, to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.

VAT:

Under the Finance Acts 1989 and 1997, VAT will be levied on the rent. We recommend that the prospective tenants 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 

Giles Nash

01452 627135

gnash@alderking.com 

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