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      • Gloucester - 7 Eastgate Street

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For sale

Gloucester - 7 Eastgate Street

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  • Location: Gloucester
  • Size: 112.32 m2 (1209.01 ft2)
  • Property Type: Retail
  • Sale Type: For sale
  • Price:£310000.00
  • Status: Available
  • Simon McKeag

    07737 691453

  • Harry Pontifex

    01242 237274

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Description Location Accommodation Rates Planning Terms Costs

Description

 

The property comprises a mid-terrace building of brick construction under a pitched tiled roof which is protected by a parapet wall. The accommodation is over 3 floors with the main retail area and an office on the ground floor with consulting rooms and staff facilities on the first floor. There is no access to the second floor at present.

It mainly has painted plastered walls, suspended ceilings with inset lighting and floor coverings. The retail area has a fully glazed frontage and comfort cooling.

The property has an Energy Performance rating of D-94. Certificate Ref. No. 0960-9983-0357-0390-1094.

  • Location: Gloucester
  • Size: 112.32 m2 (1209.01 ft2)
  • Property: Retail
  • Type: For sale
  • Price: £310000.00
  • Status: Available

Address and Location

Address :
7 Eastgate Street
Gloucester

GL1 1NS


Location details:

The property is situated in a prominent position on Eastgate Street within close proximity of Gloucester Cross, which is traditionally regarded as the City centre. Occupiers in the immediate area include Marks & Spencers, Top Shop, Clarks, Waterstones, EE, Thorntons and Lloyds Bank. Gloucester is well connected to the motorway network, being served by three junctions of the M5; junction 11 provides access via the A40 (3 miles), junction12 to the south (5 miles) and junction 11a (3 miles) connects to the Brockworth Bypass, Cirencester/Swindon and the M4 motorway at junction 15 (34 miles).

Accommodation

The approximate net internal areas are as follows:

Ground floor   57.59 sq m (620 sq ft)
First floor   54.73 sq m (589 sq ft)
Second floor  Not inspected  
Total  112.32 sq m (1,209 sq ft)

Rates

The assessment currently appearing in the Valuation List is as follows:

Rateable Value: £33,500
Rate in £ 2020/2021: 0.499

Prospective tenants should contact the Local Authority to verify the actual rates payable and to establish any transitional relief that may be applicable.

Planning

The property has been used for general retail which falls within Class A1 of the Use Classes Order 1987.

Terms

The property is offered freehold with vacant possession.

VAT

The property is elected for VAT.

Legal Costs

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

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Downloads
  • 7 Eastgate Street.pdf Download Document
  • EPC_0960-9983-0357-0390-1094.pdf Download Document
  • RR_9909-4096-0875-0100-3395.pdf Download Document

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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.


Created: 17/09/2018 16:00:52
Modified: 20/07/2022 12:57:10
Label: Gloucester - 7 Eastgate Street ShowOnSite: True TenureDetails: Summary: Prime retail investment let to Dollond & Aitchison Ltd (now Boots Opticians). NavigateUrl: ~/Properties/Gloucester_-_7_Eastgate_Street.aspx

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ASH Chartered Surveyors is the trading name of ASH & Co. CS LLP,
registered in England and Wales under the number OC326084.
Registered Office: 3 Pullman Court, Great Western Road, Gloucester GL1 3ND
VAT No: 484 9406 09     Regulated by: RICS

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