58 Eastgate Street, Gloucester, GL1 1QN

Gloucester is the commercial and administrative centre of the County and supports a resident population of approximately 132,416 (2021 Census). Gloucester has a strong and established traditional industrial base together with, in recent years, a significant expansion as an office centre through the developments on the business parks close to the Motorway junctions.

Gloucester is located approximately 9 miles (14.5 km) west of Cheltenham, 35 miles (56.2 km) north of Bristol, 55 miles (88.5 km) south of Birmingham and 100 miles (161 km) west of London. Access to the motorway network is available at Junctions 11, 11A and 12 of the M5 and Junction 15 of the M4 at Swindon. The link to the M4 is via the A417/A419 trunk road.

The property is situated approximately ¼ of a mile east of Gloucester Cross, which is traditionally regarded as the centre of the City, in a secondary retail trading area, although the property is only approximately 100 metres from the prime retail area, at the junction of Eastgate Street and Kings Walk.

• 24 00251 FUL Decision Notice 466547 pdf, 1.15 Mb
• 24 00251 FUL Existing Proposed Block Plans 453492 pdf, 1.07 Mb
• 24 00251 FUL Delegated Report 466546 pdf, 6.10 Mb
• 24 00251 FUL Existing Floor Plans 453491 pdf, 1.09 Mb
• 24 00251 FUL Proposed Ground Floor Plan Section A A 453487 pdf, 1.09 Mb
• 58 Eastgate Steet (1) pdf, 0.68 Mb

The Rateable Value appearing on the Valuation Office Agency website is £10,750 for the ground floor offices.  Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Council Tax - The Flats are listed within Band A for Council Tax purposes.

Accommodation Schedule

A change of use has been obtained to convert the ground floor from commercial to 2 residential flats. Further information is available on the Gloucester City Council Planning Portal. Planning Ref No: 24/00251/FUL.

Terms

The building is offered freehold subject to the occupational tenancies in place.

VAT

The property is not elected for VAT purposes.

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.