SOLD

Gloucester - 102 Northgate Street

Retail Gloucester For sale 110.55 m² (1190ft²)

Self-contained retail building in close proximity to the new Kings Quarter Redevelopment.

The property is a four-storey Grade II Listed building with a timber framed shop display frontage and sash windows to the front elevations and UPVC double glazing to the rear.

The property is arranged with a ground floor reception area, with recessed pedestrian entrance, which leads onto an open plan treatment area, separated by a stud wall partition. The area benefits from lino floor coverings, painted and plastered walls, wall mounted electrical points and suspended ceiling with integral lighting panels. A single wall mounted air condition unit is located within the open plan spa area. A separate kitchen with additional WC facilities are provided.

Stairs from the ground floor lead to the first floor, which comprises an additional waiting room at the rear and separate treatment area to the front. Stairs lead onto a further treatment room and shower room/WC on the second floor which have lino floor coverings, painted and plastered walls (part tiled in the shower room), wall mounted electrical points and ceiling mounted halogen spotlights throughout.

Stairs on the second floor provide access to the third floor which provides storage accommodation, with the height being restrictive and it has solid wooden floors, painted and plaster walls, wall mounted halogen spotlights and a two Velux roof light.

There is no allocated parking.

The property has an EPC Rating of D-83.

Address and Location

Address :

102 Northgate Street
Gloucester
Gloucester
GL1 1SL

The property is prominently located at the northern end of Northgate Street in the City Centre, close to its junction with Worcester Street. This links with Bruton Way, which forms part of the City’s inner ring road, allowing easy access to and from the City centre. Nearby occupiers include British Heart Foundation, Cash Converters and Wilko.

Rates

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

Rateable Value:	£4,400
Rate in the £ 2022/2023	0.499

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

Accommodation

Approximate Net Internal area

Ground Floor	46.85 sq m	(504 sq ft)
First Floor	27.43 sq m	(295 sq ft)
Second Floor	20.28 sq m	(218 sq ft)Th
Third Floor	15.99 sq m	(142 sq ft)
Total	110.55 sq m	(1,190 sq ft)

Planning

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

Terms

The property is offered freehold, subject to the tenancy in place. The property is occupied on a flexible basis with no formal lease in place and the passing rent is £9,000 per annum.

VAT

The property is elected for VAT purposes.

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:

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;
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;
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;
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
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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