The property comprises a ground floor retail unit located in a prime retail location, benefitting from glazed frontage to the high street. The property comprises the main retail area, kitchenette, stores and a disabled WC. The premises is carpeted and decorated throughout The upper floors have been converted to residential use.
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. The property is prominently located on the corner of Southgate street and Greyfriars Street, being in the heart of Gloucester city centre. Southgate Street forms one of the ‘Gate Streets’, providing for one of the city's traditional high street shopping / retail areas. The subject property is positioned prominently along Southgate Street, in the pedestrian link between the cross (the junction of the ‘Gate Streets’) and Gloucester Docks and Gloucester Quays.
Accommodation
1,371 Sq Ft (127.63 Sq M)
Terms
The premises are available by way of a new effectively full repairing and insuring lease for a term of years to be agreed, with contribution for service charges and buildings insurance.
Rent £25,000 per annum exclusive.
Energy Performance Certificate An EPC has been commissioned.
Legal Costs Each party is to be responsible for their own legal costs incurred in the transaction.
Business Rates The Valuation Office Agency website shows a Ratable Value of £24,000. Interested parties should make their own enquiries to the Local Billing Authority to ascertain the exact rates payable. A change in occupation may trigger an adjustment of rating assessment
Specification
- High Footfall Retail Pitch
- High Street Frontage
- New Lease Available
- Strong Trading Central Location