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Gloucestershire Business News

Unit 4 Central Trading Estate, Cole Avenue, Gloucester

The property is being refurbished throughout and comprises a mid-terrace industrial/warehouse unit of steel frame construction with mainly insulated clad elevations and fully clad roof incorporating translucent skylights. The unit has an eaves height of 5.51m, and 4.78m to underside of haunch.

Internally, the accommodation comprises the main workshop/warehouse area, an office, kitchen point and WC facilities. The unit is been fully refurbished with a new roof, ancillary facilities and full LED lighting throughout.

The main pedestrian entrance is at the front of the building and there is a loading door at the rear measuring 4.91w x 4.58h.

There is allocated parking to the front of the unit with additional spaces in a communal car park.

Location details:

Central Trading Estate is located fronting Cole Avenue with access from Shepherd Road close to the junction off Cole Avenue, the A430 Bristol Road, the Gloucester South-West bypass and the A38 trunk road.

Road connections are excellent with Gloucester City Centre approximately 2.5 miles north and Junction 12 of the M5 motorway approximately 2.5 miles south. Occupiers in the area include: Formula One Autocentres, Wolseley Plumbing, Dougfield Plumbers Supplies, Euroseal Trade, Jewson, Screwfix, City Plumbing and Wickes.

Accommodation:

Approximate gross internal area:

Warehouse: 405.05 sq m (4,360 sq ft)

Offices & WC: 43.77 sq m (471 sq ft)

Total: 448.82 sq m (4,831 sq ft)

Rates:

The Valuation Office Agency website has the entry listed as follows:

Warehouse and Premies

Rateable Value: £27,000

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

Planning:

We understand that the unit has consent for E(g), B2 and B8 of the Town & County (Use Classes) Order 1987 as amended September 2020.

Terms:

New full repairing and insuring lease for a term of years to be agreed by the landlord.

VAT:

The property is elected for VAT.

Service charge:

Will be levied for the maintenance of the access roads, landscaping and common areas.

Legal costs:

Each party is responsible for their own legal costs in connection with the granting of a lease.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

Joint Agents Knight Frank

Russell Crofts: 0117 945 8814

Russell.Crofts@knightfrank.com 

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