The property comprises a mid-terrace industrial unit of steel portal frame construction under an over-clad roof. The property is to be fully refurbished.
Location
Conveniently situated just off Eastern Avenue one of the principle industrial and trade counter locations in the region.
Eastern Avenue is host to a number of national and regional trade occupiers, including Screwfix, Johnstone’s Decorating Centre, Magnet and Howdens.
Excellent transport links to Gloucester City Centre.
Close proximity to Junctions 11 & 11a of the M5 motorway.
Situated next door to the proposed new Costco Gloucester.
Accommodation
The property has been measured on a gross internal area (GIA) basis in accordance with the RICS code of measuring practice (6th edition) as follows:
Warehouse - 5,847 sq ft (543.2 sq m)
Ground Floor Trade Counter & Offices - 502 sq ft (46.6 sq m)
First Floor Offices - 473 sq ft (43.9 sq m)
Total - 6,822 sq ft (633.7 sq m)
Terms
TERMS - The unit is available by way of a new Full Repairing and Insuring Lease for a term of years to be agreed.
EPC RATING - EPC - C (71). EPC to be reassessed following refurbishment.
RENT - On Application.
PLANNING - We understand the property has previously been used for Class B8 (Storage & Distribution) use, and may be suitable for Class E(g)(iii) (Light Industrial) or B2 (General Industrial) subject to any necessary consents. Prospective occupiers are advised to make their own enquiries of the Local Planning Authority, Gloucester City Council.
SERVICE CHARGE - A charge is levied by the Estate Landlord to cover the costs associated with the upkeep and maintenance of the common areas.
BUSINESS RATES - The property is Listed as a Warehouse and Premises within the April 2023 Valuation List with a Rateable Value of £32,750.
Prospective occupiers are advised to make their own enquires of the Local Rating Authority to establish the position in respect of any upcoming changes to this and transitional relief.
VAT - All figures are quoted exclusive of VAT, which is payable at the prevailing rate.
LEGAL COSTS - Both parties are responsible for their own legal and professional costs incurred in any transaction.
ANTI-MONEY LAUNDERING - The successful lessee will be required to provide the usual information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
- Eaves height: 6.8m
- Apex: 7.4m
- 1 x Ground Level Concertina Door - Height: 5.5m - Width: 4m
- Fitted office and trade counter area
- Parking provision and loading apron
- 3 phase power