A detached single storey industrial/warehouse unit of concrete frame construction with part brick, part block elevations under a pitched clad roof. Access is provided by way of a single vehicular door via a loading bay and there is a pedestrian access. Accommodation comprises main workshop/storage area with kitchen and WC facilities. The property benefits from all main services.
Location
Kingsholm Business Park is situated adjacent to Gloucester Rugby’s Kingsholm Stadium approximately 0.25 of a mile north of the City centre and is accessed via St Oswald’s Road (A417) and Priory Road/Gouda Way or Bruton Way (A430). The site has two accesses from St Catherine Street and Skinner Street. The site lies approximately one mile from the Gloucester Ring Road. Gloucester is well connected to the motorway network, being served by three junctions of the M5, Junction 11 provides access via the A40 (3 miles), Junction 12 to the south (5 miles) and Junction 11a (3 miles) connects to the Brockworth Bypass, Cirencester/Swindon and the M4 motorway at Junction 15 (34 miles)
Accommodation
9,977 sq ft (926.86 sq m)
Terms
Planning The property has been used for storage which falls within Class B8 of the Use Classes Order 1987. It would suit alternative uses, subject to the necessary consents being obtained.
Business Rates The Valuation Office website confirms that the property had an assessment of £36,750.
Energy Performance Certificate The Energy Performance Certificate rating is D (94) (August 2017). The full certificate and recommendations can be provided on request.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
Lease The property is available on a new full repairing lease with terms to be negotiated.
Rent £50,000 per annum exclusive. Legal Costs Each party is to be responsible for their own legal costs.
References/Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement.
Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML A successful tenant/purchaser will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
• Situated on a secure site with good accessibility to the surrounding area
• New lease available
• Close to City Centre