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Gloucester - St Aldate Chambers, 4 and 6 Russell Street, GL1 1DZ

Development Opportunities Gloucester For sale 250.71 m2 (2699ft2)

Attractive office building with planning consent for conversion into 2 No. 4 bedroom houses.

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.

The property is constructed of smooth rendered elevations under a double pitched interlocking concrete tiled roof behind a high front parapet.

There is parking located to the rear of the property.

Planning Permission has been obtained for "a change of use of offices into 2no. 4 bedroom townhouses with associated demolition of existing rear extension, external alterations to fenestration, alteration to the roof (to create dual pitched roof with taller ridge), alterations to existing car parking area and boundary enclosures". Planning Ref No: 22/00223/FUL. 

The property has an EPC Rating of D-92.

Address and Location

Address :

St Aldate Chambers
4 & 6 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. 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.

Rates

The Rateable Value appearing on the Valuation Office website is £15,500. 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:

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)

 

Planning

The property is Grade II Listed and lie within a Conservation Area. Planning Permission has been obtained for "a change of use of offices into 2no. 4 bedroom townhouses with associated demolition of existing rear extension, external alterations to fenestration, alteration to the roof (to create dual pitched roof with taller ridge), alterations to existing car parking area and boundary enclosures". Planning Ref No: 22/00223/FUL.

Terms

Terms

The property is offered freehold with vacant possession.

VAT

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

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.

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.

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Development Opportunities Gloucester For sale 250.71 m2 (2699ft2) Price: £300,000

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