Gloucester - 104 Northgate Street, GL1 1SL

The property is prominently located at the northern end of Northgate Street at its junction with Spread Eagle Road. Northgate Street 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 and Cash Converters.

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The property will need to be assessed for rating purposes. Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

(Approximate net internal area)

55.47 m2 (597 ft2)

Consent has been granted for Class E of the Uses Classes Order 1987 but may suit alterative uses subject to the necessary consent being obtained. The property is not Listed however does lie within a Conservation Area.

Terms

The property is offered by way of a new lease for a term to be agreed. Consideration will also be given to the sale of a long leasehold interest.

VAT

Under the Finance Acts 1989 and 1987, VAT may be levied on the rent. We recommend that prospective tenants establish the VAT applications before entering into any agreements.

Service Charges

A charge will be levied to the tenant to cover the costs associated with maintaining the common parts of the property. Further information is available from the agents.

Legal Costs

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

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.

Money Laundering Regulations

As part of our obligations under the UK Money Laundering Regulations 2017, ASH will require any tenant/purchaser to provide proof of identity along with any other required documentation to satisfy anti-money laundering regulations.