Sale Agreed

Gloucester - Greyfriars House, Greyfriars

Other Gloucester For sale 472.40 m2 (5085ft2)

Opportunity to acquire a Landmark Grade I Listed Building close to Gloucester City Centre and Gloucester Docks and adjacent to the new Friars Court residential development.

  • Opportunity to acquire a Landmark Grade I Listed Building close to Gloucester City Centre and Gloucester Docks and adjacent to the new Friars Court residential development.
  • Potential for alternative uses, subject to the necessary consents being obtained.
  • The property is offered by way of a long lease.
  • The total net internal area extends to approximately 472.4 sq m (5,085 sq ft).

Greyfriars House is a Grade I Listed Building dating from the early 19th Century and is a prestigious former town house occupying two bays of the former Franciscan Friary which was founded in the 13th Century.

The property has three main stories with cellar and access is from the front or, alternatively, a ramp has been constructed providing access to the side elevation.

The ground and second floors are primarily open plan, and the first floor is cellular in nature. A kitchen, administration office and WC facilities are also provided.

Address and Location

Address :

Greyfriars House
Greyfriars
Gloucester
Gloucester
GL1 1TS

Gloucester is the commercial and administrative centre of the County and supports a resident population of approximately 121,700 (2011 Census). Gloucester has a strong and established traditional industrial base together with an 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.

Greyfriars House is situated in the centre of Gloucester, close to the main retail areas, with the historic Cross being only some 100 metres away. Greyfriars can be accessed via Southgate Street with vehicles or from Brunswick Road for pedestrians.

Rates

A search on the Valuation Office Agency website has revealed the following entries:

Rateable Value: £18,250
Rate in £ 2021/2022: 0.499

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

Accommodation

The approximate net internal areas are as follows:

Ground Floor 116.68 sq m (1,256 sq ft)
First Floor 112.29 sq m (1,209 sq ft)
Second Floor 127.26 sq m (1,370 sq ft)
Basement 116.17 sq m (1,250 sq ft)
Total 472.40 sq m (5,085 sq ft)

Planning

The property has been used as offices which falls within Class E (previously B1) of the Use Classes Order 1987. The property is Grade I Listed and lies within a Conservation Area.

Terms

Terms

The property is offered long leasehold with vacant possession. Purchasers will have to demonstrate the capability and intention to preserve the historic elements of this Grade 1 Listed Building, and the adjacent Scheduled Ancient Monument.

VAT

The property is not elected for VAT.

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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Other Gloucester For sale 472.40 m2 (5085ft2) Offers are invited in the region of £300,000.

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