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Gloucestershire Business News

Retail - Unit 12 Kingsway Local Centre, Quedgeley, Gloucester

Unit 12 comprises a mid-terrace retail unit, with a fully glazed shop front incorporating double automatic entry doors, a suspended ceiling with recessed fluorescent strip lighting and a built-in office, kitchen and WC facilities.

Extensive parking is provided to the front of the terrace for shared customer use, with delivery bay to the rear.

EPC: The unit has an EPC rating of 45(B). A copy of the Energy Performance Certificate is available on request.

Location details:

Kingsway Local Centre is positioned at the heart of the Kingsway development which comprises about 3,500 new houses and a major business park.

The busy local centre includes a school, community centre, Tesco Express, Marstons public house, Sue Ryder charity shop, Pizza Hut delivery, Asian Fusion restaurant and takeaway and a veterinary practice. A new health centre has recently opened on Rudloe Drive.

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.

Rent:

£18,000 per annum exclusive.

Rates:

Rateable Value: £11,000

The above information was obtained from the Valuation Office website. Interested parties should make their own enquiries of the billing authority (Gloucester City Council) to verify the current rates payable.

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.

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 Chartered Surveyors

01242 244744

enquiries@kbw.co.uk

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