Sale Agreed

Gloucester - 8, 10 and 12 Clarence Street and 2 Russell Street, GL1 1DZ

Office Gloucester For sale 869.36 m2 (9358ft2)

Attractive Period properties originally built as dwellings but have been offices for many years . Potential for a variety of uses, subject to the necessary consents being obtained.

The properties comprise four mid terrace, Grade II Listed office buildings (originally constructed as dwellings), built in the mid 19th Century generally of brick construction but with cut stone front elevations with pitched slate roofs and dormer windows behind a front parapet.

In each case, the accommodation is arranged on four main floors with a basement and there are small two storey rear half landing additions.

The properties have single glazed timber framed windows, and the offices are cellular in nature and have been finished to a basic specification with mainly carpeted floor coverings, emulsion painted walls and ceilings and are heated by way of a gas fired central heating system via radiators.

There are wall mounted electricity, computer, and telephone points together with electric storage heaters. Kitchen and WC facilities are provided. Each building has kitchenette and cloakroom facilities.

Numbers 8-12 are set back behind small courtyards enclosed by gated metal railings.

EPC
The property has the following EPC Ratings:

8-12 Clarence Street - E106
2 Russell Street - E118

Address and Location

Address :

8, 10 and 12 Clarence Street / 2 Russell Street
Gloucester
Gloucester
GL1 1DZ

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.

Gloucester Railway Station provides direct services to London with journeys taking just under two hours, and both Gloucester and Cheltenham share a local airport at Staverton, approximately 8 miles away.

The property is situated on the eastern side of Clarence Street, close to the Kings Quarter Redevelopment and the railway and bus stations. On the opposite side of the road is the Kings Walk Shopping Centre.

Rates

The entry appearing on the Valuation Office website is as follows:

Rateable Value: £37,750
Rate in £ 2022/2023 0.499

The Rateable Value from 1st April 2023 is £49,500.

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Accommodation

(Approximate net internal floor areas)

8 Clarence Street 207.35 sq m (2,232 sq ft)
10 Clarence Street 215.44 sq m (2,319 sq ft)
12 Clarence Street 151.34 sq m (1,630 sq ft)
2 Russell Street 295.15 sq m (3,177 sq ft)
Total 869.36 sq m (9,358 sq ft)

 

Planning

The properties are Grade II Listed and lie within a Conservation Area. They have been used as offices within Class E (previously Class B1) of the Use Classes Order 1987. The property may suit alternative uses, subject to the necessary consents being obtained.

Terms

Terms

The property is offered freehold with vacant possession. It is offered as a single lot, with consideration given to the sale of individual lots, subject to terms.

VAT

The properties are not elected for VAT and therefore it will not be applicable on the purchase price(s).

Costs

Legal Costs

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

Property Disclaimer

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.

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Office Gloucester For sale 869.36 m2 (9358ft2) Price: £925,000

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