Telereal Trillium to begin high specification refurbishment of Chancel Close Trading Estate in Gloucester

Telereal Trillium to begin high specification refurbishment of Chancel Close Trading Estate in Gloucester
06/Jul/2018

Further to Telereal Trilliums acquisition of Chancel Close Trading Estate at the end of last year, plans for the estates extensive refurbishment are about to be implemented to bring forward a high specification trade counter/industrial scheme to benefit from its excellent location on Eastern Avenue, Gloucester.  

The scheme, which will be redeveloped on a fast-track basis to meet the area’s strong occupier demand, will initially refurbish the estates two vacant units, 3 and 5, with further improvements made as and when other units become available in the future. 

The refurbishment works to Unit 3 which is 7,104 sq ft, and Unit 5 which is 7,667 sq ft, will be completed and ready for occupation by September 2018. 

Simon McKeag, ASH Chartered Surveyors said: “We are delighted Telereal Trillium are bringing forward the refurbishment program of Chancel Close which will modernise a well established estate and enhance the benefits of its excellent location and range of unit sizes. We look forward to offering a leading product to appeal to the trade counter and industrial occupiers seeking quality space in the Gloucester area.”

CBRE and ASH Chartered Surveyors will be joint agents for the scheme.

For further information, please call James Morgan at CBRE on 0117 9435776 or Simon McKeag 01452 300433.

About Telereal Trillium

Telereal Trillium is one of the UK’s largest property companies, owning and managing a £6.5bn portfolio with a total floor area of 61 million sq ft. Operating in property partnerships, investment, development and strategic land  we have established a UK-wide portfolio of more than 7,000 properties.

For more information visit http://www.telerealtrillium.com

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