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Gloucestershire Business News

Quays restaurant building up for sale

The property is an end terrace, three-storey building of brick construction under a pitched tiled roof. 

The available unit is on the ground floor and has been fitted as a restaurant with seating area to the front and kitchen and ancillary accommodation to the rear.

It benefits from a fully glazed shop front and there are windows on the side elevation helping to enhance the natural light throughout.

All mains services are provided to the property.

Location details:

The property is situated in Gloucester Quays, which forms part of the Gloucester Docks regeneration scheme. 

Unit 1 fronts Llanthony Road and is in close proximity to its junction with Spa Road and the main link between Gloucester Docks and the Quays. 

Major occupiers in the immediate area include Bill's, TGI Fridays, Cafe Nero and JD Wetherspoons.

Accommodation:

Approximate Net Internal Area

Frontage: 5.97 m (19 ft)

Depth: 15.19 m (49 ft 10 in)

Retail Area: 78.75 sq m (848 sq ft)

Store: 5.18 sq m (56 sq ft)

Total: 83.98 sq m (904 sq ft)

Rates:

The assessment currently appearing in the Valuation List is as follows:

Rateable Value: £19,250

Rate in £ 2019/2020: 0.491

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

Planning:

Within Classes A2, A3, A4 or A5 of the Use Classes Order 1987. The property is Grade II Listed and lies within a Conservation Area.

Terms:

The property is offered by way of a new internal repairing and insuring lease subject to a service charge for a minimum term of 5 years.

VAT:

The property is elected for VAT.

Service Charges:

A charge will be applicable to cover the costs associated with the upkeep and maintenance of the external and common areas.

Legal Costs:

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

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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