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      • Gloucester - St Aldate Chambers, Russell Street (By Informal Tender)

SOLD

For sale

Gloucester - St Aldate Chambers, Russell Street (By Informal Tender)

On behalf of The Joint Liquidators Simon Girling and Christopher Marsden.
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  • Location: Gloucester
  • Size: 250.71 m2 (2698.64 ft2)
  • Property Type: Office
  • Sale Type: For sale
  • Price:£300000.00
  • Status: SOLD
  • Simon McKeag

    07737 691453

  • Harry Pontifex

    01242 237274

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Description Location Accommodation Rates Planning Terms Costs

Description

On the instructions of The Joint Liquidators Simon Girling and Christopher Marsden, we are instructed to invite final and best offers by 12pm on Friday 30th July 2021. A copy of the Informal Tender form is available to download from this website. Please contact the agents if you wish to discuss any queries.

The property comprises a substantial attached four storey Victorian office building slightly set back from Russell Street behind railed forecourt and with the benefit of a rear car park for 6 cars.

It is constructed of smooth rendered elevations under a double pitched interlocking concrete tiled roof behind a high front parapet. There is a small two storey rear extension in matching materials with a flat roof. 

The property is heated by way of a gas fired central heating system.

The accommodation comprises a range of cellular and open plan offices, a fitted kitchen and WC facilities. 

  • Location: Gloucester
  • Size: 250.71 m2 (2698.64 ft2)
  • Property: Office
  • Type: For sale
  • Price: £300000.00
  • Status: SOLD

Address and Location

Address :
St Aldate Chambers
Russell Street
Gloucester
GL1 1NE


Location details:

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, 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 on the southern side of Russell Street, close to the junction with Clarence Street and is close to the City Centre and the railway and bus stations. This part of Russell Street is very conveniently situated for the main shopping area, with the prime retail area of Eastgate Street being approximately only 200 yards away.

Accommodation

The approximate net internal areas are as follows:

Lower Ground Floor 55.03 sq m 593 sq ft
Ground Floor 61.46 sq m 661 sq ft
First Floor 60.80 sq m 654 sq ft
Second Floor 73.42 sq m 790 sq ft
Total 250.71 sq m 2698 sq ft

Rates

The Rateable Value appearing on the Valuation Office Agency website is as follows:

Rateable Value: £13,500
Rate in £ 2021/2022: 0.499

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

Planning

The property has been used as offices which falls within Class E (previously B1) 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 costs incurred in the transaction.

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Downloads
  • Russell Street portfolio - Informal Tender Form.pdf Download Document
  • Russell Street portfolio.pdf Download Document
  • St Aldate Chambers EPC.pdf Download Document
  • St Aldate Chambers RR.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: 25/05/2021 13:56:46
Modified: 20/02/2022 11:38:14
Label: Gloucester - St Aldate Chambers, Russell Street (By Informal Tender) ShowOnSite: True TenureDetails: Summary: Period office building with parking to the rear. Potential for alternative uses, subject to the necessary consents being obtained. NavigateUrl: ~/Properties/Gloucester_-_St_Aldate_Chambers,_Russell_Street_(By_Informal_Tender).aspx

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ASH Chartered Surveyors is the trading name of ASH & Co. CS LLP,
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