111 Westgate Street, Gloucester, GL1 2PG

The property is situated in a prominent position on Westgate Street opposite the junction with Archdeacon Street, within ¼ mile of Cathedral and approximately ½ of a mile from Gloucester Cross, which is traditionally regarded as the City centre. It is also within walking distance of Gloucester Docks and Gloucester Quays. 

• 111 Westgate Street pdf, 0.94 Mb

The Rateable Value listed on the Valuation Office Agency website for the ground floor is £7,000.  The flats are all assessed within Band A for Council Tax purposes.

Tenancies

The commercial unit is vacant, and the flats are let on Assured Shorthold Tenancies at the following rents:

The property is Grade II Listed and lies within a Conservation Area. The commercial unit has been used as offices which falls within Class E and the upper floors Class C3 of the Uses Classes Order 1987.

Terms

The property is for sale for the freehold interest….

VAT

The property is not elected for VAT purposes.

Legal Costs

Each party to bear their own legal 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.