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Industrial / Warehouse / Distribution Unit, Unit 5 Gateway 12 Business Park, Davy Way, Gloucester, GL2 2BY

43,642 Sq Ft / Industrial / Warehouse / Distribution

To Let

Available - Last updated: 18 April 2024

  • Modern, detached distribution / industrial premises.
  • Fitted office and ancillary accommodation.
  • 15% translucent roof panels.
  • Steel portal frame construction with part brick part steel profile clad elevations.
  • 9.2m eaves height, rising to 11.3m at the apex.
  • 550 KVA power supply.
  • 3 full height level access loading doors, measuring 4m in width and 5m in height.
  • Self-contained, secure yard.
  • 40% site coverage.
  • 31 car parking spaces including 2 disabled spaces. an EV charging point and an additional 6 motorcycle spaces.

Location

Situation:

  • Situated within an established, well managed business park.
  • Approximately 0.5 miles from the A38 ,providing access to Junction 12 of the M5 motorway, via the A430.
  • The A38 Also provides access to the Gloucester Ring Road and the South West Bypass.
  •  Neighbouring occupiers include Flostream, DPD, Parcel Force and Gloucestershire Constabulary HQ.

Travel Distances:

  • A38 – 0.5 miles (0.80 km)
  • Junction 12 of the M5 – 1.5 miles (2.41 km)
  • Gloucester City Centre – 4.6 miles (7.1 km)
  • Gloucestershire Airport– 12 miles (19.31 km)
  • Cheltenham – 14.6 miles (23.5 km)
  • Bristol – 31.2 miles – (50.2)
  • Birmingham – 60.7 miles (97.2 km)

Accommodation

Warehouse - 2,610.28 sq m (28,097 sq ft)

Ground Floor Office / Ancillary - 726.51 sq m (7,820 sq ft)

First Floor Office / Ancillary - 246.14 sq m (2,649 sq ft)

Mezzanine Plant Area - 471.60 sq m (5,076 sq ft)

TOTAL GIA - 4,054.53 sq m (43,642 sq ft)

SITE AREA - 0.7 Ha (1.73 Acres)

Terms

Rateable Value - The property is listed in the Valuation List 2023 as Warehouse and Premises, with a Rateable Value of £252,500.

Prospective occupiers are advised to make their own enquiries of the Local Rating Authority to establish the position in respect of any upcoming changes to this and any associated Transitional Relief benefits.

Planning - The permitted use within the existing lease allows for B1(c) / E(g)iii Light Industrial, B2 general Industrial and B8 Storage & Distribution purposes.

Interested parties are advised to make their own enquiries with the Local Planning Aurthority in respect of the current permitted uses and their proposed use.

Estate Service Charge - An Estate Service Charge and Building Insurance will be payable towards the management and maintenance of common parts.

Tenure - The property is held by way of an existing Full Repairing and Insuring (FRI) lease, expiring 27th March 2028.  The property is available by way of an assignment, a new Full Repairing and Insuring (FRI) sublease, subject to status.

Rent - Available on application.

Services - We understand that mains services are provided to the property and include water, drainage, electricity and gas.

VAT - All figures are quoted exclusive of VAT which will be charged at the prevailing rate.

Legal Costs - Each party is to bear their own legal, surveyors or other costs incurred in any transaction.

Energy Performance - The has been given an EPC of A(24).

A full EPC is available upon request.

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Available on application To Let NA NA

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Contact agents

Philip Cranstone

CBRE Ltd (Bristol)

0117 369 1305

Alex Quicke

CBRE Ltd (Bristol)

0117 369 1181

Kiran Naidoo

CBRE Ltd (Bristol)

0117 369 1343

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