107 Southgate Street, Gloucester, GL1 1UT.

The property occupies a prominent position on Southgate Street, a key arterial route south of Gloucester, with rear access from Norfolk Street. It is situated about half a mile from Gloucester Cross, the traditional city centre, and lies close to Gloucester Docks and Gloucester Quays, major mixed-use destinations offering residential, retail, leisure, and office accommodation. 

• 107 Southgate Steet pdf, 0.73 Mb

The Rateable Value appearing on the Valuation Office Agency website is £9,900.  Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable. 

(Approx net internal areas)

48.61 m2 (523 ft2) 

The property has been used as a convenience store which falls within Class E (formerly Class A1) of the Use Classes Order 1987.

Terms

The property is offered by way of a new internal repairing and insuring lease for a term to be agreed.

VAT

VAT will be charged if applicable.

Service Charges

A charge will be levied by the landlord to cover the costs associated with the upkeep of the communal areas.

Legal Costs

Each party to bear their own costs incurred in the transaction.

ASH Chartered Surveyors for themselves and for the vendors or lessors of this property for whom they act, give notice that:

1. these particulars are a general outline only, for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract;
2. ASH Chartered Surveyors cannot guarantee the accuracy of any description, dimensions, references to condition, necessary permissions for use and occupation and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy;
3. no employee of ASH Chartered Surveyors has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property;
4. rents quoted in these particulars may be subject to VAT in addition; (v) ASH Chartered Surveyors will not be liable, in negligence or otherwise, for any loss arising from the use of these particulars; and
5. the reference to any plant, machinery, equipment, services, fixtures or fittings at the property shall not constitute a representation (unless otherwise stated) as to its state or condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements.

Code of Practice for Commercial Leases in England and Wales

You should be aware that the Code of practice on commercial leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licenced conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations.

Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, ASH will require any tenant/purchaser to provide proof of identity along with any other required documentation to satisfy anti-money laundering regulations.