The property comprises a Grade II listed mid-terrace period building, providing ground floor retail accommodation, with prominent frontage to the High Street.
The unit comprises open plan areas to the front and rear, and includes a kitchenette, storage area and WC.
The unit is light and airy with a fully glazed frontage, plastered and painting ceilings, decorated walls, and laminate flooring throughout. The unit provides practical retail / office accommodation with associated fixtures and fittings, including electrical wall sockets and electrical heater.
The unit is suitable for a range of uses, subject to planning.
Location
Gloucester is a historic Cathedral City conveniently situated 10 miles west of Cheltenham, and 35 miles north east of Bristol. Road connections are excellent with easy access to the M5 Motorway via Junctions 11, 11A and 12. Worcester Street is located to the north east of Gloucester’s main retail center, within close proximity to Gloucester Cathedral and the railway and bus stations. Worcester Street is an established retail location, with on street pay and display car parking outside, and the city centre car parks a short walk.
Accommodation
Approximately 556 ft²(51.66 m²)
Terms
Lease Available to let for a period of years, on a new full repairing and insuring lease that is contracted outside of the security of tenure and compensation provisions of the Landlord & Tenant Act 1954.
Rent £12,000 per annum, exclusive of VAT.
Business Rates The Valuation Office Agency website states the property has a current Rateable value of £8,300, and that the Rateable value will be £8,300 effective from 1st April 2023
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 Asuccessful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Services We are advised that all main services are connected to the premises, and we confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Specification
• Prominent Retail Frontage
• New Lease Available
• On Street Parking outside, and close to City Centre Car Parks