The centre extends to 260,000 sq ft of retail space, anchored by Marks & Spencer. It is home for almost 50 retailers, including H&M, Tesco and JD Sports. The centre incorporates Gloucester’s indoor market.
Eastgate Centre benefits from its own 378 space car park. Pre-Covid footfall was circa 7.5 million and the average spend of £20pp. Retailers also benefit from use of a secure service yard.
Location
Eastgate Centre is located in the heart of historic Gloucester city centre, between pedestrianised Eastgate and Southgate Streets.
Investment and development in the city centre continues apace with Primark opening soon in the former Bhs on Eastgate Street (directly opposite the Eastgate Centre), construction of Kings Quarter and the University buying the former Debenhams store
Accommodation
There are various shop units and office suites available to let in the centre. This includes units fronting both Eastgate and Southgate Street. The details for each of these are in the attached brochure.
Alternative uses and partial development opportunities will be considered.
Terms
Lease Terms - The premises are available by way of new full repairing leases, term of years to be agreed.
Flexible Lease - Terms Short term, or temporary leases may also be offered, by separate arrangement.
Commencing Rental - The brochure attached details the quoting rent for each unit, based upon a standard occupational lease. These rents may be reduced if temporary occupation is required.
Business Rates - The Rateable Value of each unit is also detailed in the schedule. This information is for guidance purposes only. Interested parties are advised to make their own enquiries with the relevant charging authority to confirm rates payable.
Planning - The landlord will consider alternative uses to within Class E of the Use Classes Order.
Energy Performance - Each property has an EPC assessment and a copy is available upon request.