This mid-terraced industrial/warehouse unit is located in an established commercial location. The property has been refurbished and is configured with a reception lobby at the front with stairs leading to an open plan first floor office.
The warehouse area provides clear span space and has an internal working height of approximately 4.8 metres. Car parking is allocated to the front and a loading area is allocated within the estate yard to the rear. The unit is available on a new lease.
Location
The property is situated with access from Corolin Road close to its junction with Lower Tuffley Lane and approximately 0.25 of a mile off the A430 Bristol Road. The site has excellent access to the Gloucester Ring Road, the A38 and the Gloucester South West Bypass, all within approximately 0.5 of a mile.
The A38 provides dual carriageway access to Junction 12 of the M5 Motorway approximately 3 miles south and the Bristol Road provides access to Gloucester city centre approximately 2.5 miles north.
Accommodation
6,529 sq ft (606.54 sq m)
Terms
Business Rates The Valuation Office website states that the Property has a rateable value of £32,750. Interested parties should make their own enquiries to the Local Billing Authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.
Energy Performance Certificate An EPC has been commissioned and will be available for inspection.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
Planning The premises have most recently been used for warehouse purposes. Prior to that, they were used for industrial purposes. Interested parties should make their own enquiries with the Local Planning Authority.
Terms The property is available to let by way of new full repairing and insuring lease.
Rent on application.
Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
• Refurbished accommodation
• Available on a new lease
• Rear loading
• Established commercial location