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Gloucestershire Business News

Unit 10 Kingsway Local Centre

Description:

Unit 10 comprises a mid-terrace retail unit, presented in shell condition with mains services connected ready to receive a new Tenant's fit out. Extensive parking is provided to the front of the terrace for shared customer use, with delivery bay to the rear.

Location details:

Kingsway Local Centre is positioned at the heart of the Kingsway development

which comprises 3,500 new houses and a major business park. The busy local centre includes a school, community centre, Tesco Express, Badhams chemist, Marstons public house, Premier convenience store, Sue Ryder charity shop, Pizza Hut delivery, Asian Fusion restaurant and takeaway and a veterinary practice.

The unit has an EPC rating of 21 (A). A copy of the Energy Performance Certificate is available on request.

Accommodation:

92.87 sq m (1,000 sq ft)

Terms:

The unit is offered by way of a new full repairing and insuring lease for a term of years to be agreed incorporating regular upward only rent reviews.

Planning:

In accordance with application number 13/00479/REM listed at Gloucester City Council, the unit benefits from planning consent for A1, A2, A3 and A5 uses.

Service charges:

A service charge is payable towards the maintenance, management and upkeep of the Kingsway Local Centre shared facilities. Further information available from the agents upon request.

Rates:

Current Rateable Value 2010: £8,800

Draft 2017 Rateable Value: £11,250

Interested parties should make their own enquiries of the billing authority (Gloucester City Council) to verify the current rates payable.

VAT:

VAT may be payable on the rent and/or any other charges or payments detailed. All figures quoted are exclusive of VAT and intending lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal Costs:

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

Contact:

KBW

01242 244744

enquiries@kbw.co.uk 

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