Office Premises / Redevelopment Opportunity, Barnwood One, Barnett Way, Gloucester, GL4 3RL

The property comprises a 4 storey office building with a main ground floor reception leading to a full height atrium which splits the office space into 2 wings either side of the atrium with a central staircase providing access to the upper floors. The main core has three 16 passenger lifts serving the building and WC Facilities are arranged adjacent to each of the 8 fire escape stairs areas around the building. There are 3 secondary lifts with one just off the main reception and two at the rear of the building.

Internally the building provides open plan modern office space.

There is a mix of office and storage space within the building.

Externally there is parking arranged around the building within landscaped grounds and both surface and multi-storey car parks on the adjacent site which form part of the same title. The 2 parcels of land are split by an access road which serves the hotel to the rear of the site. There are also 2 tennis courts with changing facilities located to the rear of the car parks.

Location

Gloucester is the historical administrative centre of Gloucestershire and is a popular commercial location for retail, industrial and office occupiers.

Gloucester is located approximately 170.5 km (106 miles) north west of London, 87 km (54 miles) south of Birmingham and 56.5 km (35 miles) north of Bristol. The city has excellent road communication links being adjacent to junctions 11, 11a and 12 of the M5 motorway. The A38 runs north to south through Gloucester connecting the city with Tewkesbury and Bristol.

The A40 runs west to east connecting Gloucester with Cheltenham to the east and the Forest of Dean and Monmouth to the west. Rail services to London Paddington are available in approximately one hour and 45 mins.

The property is situated in a prominent position at the entrance to Barnwood Business Park circa 3.2 km (2 miles) east of Gloucester’s historical centre, and benefits from convenient access to the M5 motorway via junction 11A and the A40.

Occupiers on the park include Rolls Royce and EDF Energy. Leisure facilities include the Nuffield Health Fitness & Wellbeing Centre, a Sainsbury’s supermarket, Holiday Inn and a Premier Inn budget hotel.

Accommodation

We have not carried out a measured survey but understand the property has the below approximate Net Internal floor areas.

Ground Floor Office - 34,359 sq ft (3,192 sq m)

Ground Internal Storage - 577 sq ft (53.6 sq m)

Ground External Storage - 597 sq ft (55.5 sq m)

First Floor Office - 43,034 sq ft (3,998 sq m)

First Floor Storage - 7,068 sq ft (656.6 sq m)

Second Floor Office - 43,799 sq ft (4,069 sq m)

Second Floor Storage - 92 sq ft (8.5 sq m)

Third Floor Office - 17,352 sq ft (1,612 sq m)

Third Floor Storage - 575 sq ft (53.4 sq m)

Third Floor Canteen - 1,977 sq ft (183.7 sq m)

TOTAL - 138,544 sq ft (12,871 sq m)

Terms

PLANNING - The Gloucester out of town business park market is a relatively small market and is dominated by Gloucester Business Park.

The site is located within the Gloucester City Centre boundary. There are several potential development scenarios for the Site which could be considered appropriate in planning terms. Whilst Local Planning Policy restricts development that would result in the loss of an existing employment site, there is scope to consider alternative uses of the Site including residential, hotel, leisure and alternative Class E Uses such as retail or food and beverage where the need for these uses can be demonstrated through market signals or positive marketing.

Residential development could be achieved either through the conversion of the existing offices under permitted development rights or via wholesale re-development, comprising the demolition of the existing buildings and construction of new residential buildings. There is, of course, the option to retain the existing offices or to repurpose the building for other Class E Uses, within which the extension or alteration of the office building would be allowed under permitted development rights. Any proposed change of use or development would be required to demonstrate need for such uses, we would recommend pre-application engagement with Gloucester City Council to establish the acceptability of any future use. 

VAT - The property has not been elected for VAT.

EPC - The building has an EPC rating of D (84). 

PROPOSAL - Offers are invited for the freehold interest with vacant possession on both an unconditional and conditional (subject to planning) basis. 

VENDOR SURVEY PACK - A suite of surveys has been prepared by the vendor, with reliance/assignment available to the purchaser;

• Building Survey and M&E
• Environmental Survey
• Planning Report 
• EPC Certificate

Specification