Retail premises to rent in Gloucester GL1

£16,500.00 pa < Back to search results

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Property Description

The property stands fronting St Aldate Street adjacent to its junction with Northgate Street, approximately 500 yards from The Cross, the historic centre of Gloucester. St Aldate Street links Northgate Street with Kings Square, Kings Square forming one end of the Kings Walk Shopping Centre, with notable occupiers in the area including Debenhams Department Store, Chambers and The Regal public houses, Co-operative Bank and Sainsbury’s.

Approximate Net Internal Areas

Ground floor
Single fronted shop with glazed display window. Approximate width 13.66 m (44 ft 10 ins). Retail area 58.1 sq m (626 sq ft) with a depth of 4.80 m (15 ft 9 ins). Office, WC and kitchen facilities. Total of approx. 74.3 sq m (800 sq ft). Customer stairs leading to:

Basement sales/storage
Single open plan sales/display areas of 39.5 sq m (452 sq ft), with smaller storage and ancillary areas in addition. WC and kitchen facilities. Roller shutter protected door to rear service yard and car park. Total of approx. 59.7 sq m (642 sq ft).

Total Net Internal Area approx. 134.0 sq m ( 1,442 sq ft).

One allocated parking space within the rear service yard and car park accessed by Northgate Street leading to Spreadeagle Way.

A new commercial property Use Classes Order took affect on 1st September 2020, with a new Use Class “E” encompassing “Commercial, business and service uses”. Within Use Class E are retail and restaurant uses, along with gymnasiums, offices, light industry, financial services, and medical & health services.

Subject to Contract
The premises are available to let on a new lease for a term of years to be agreed. The lease will be constructed on effectively full repairing and insuring terms by way of a service charge provision.

The Tenant will be responsible for maintenance and decoration of the interior of the premises and the shop front/window glass, and to pay the Landlord a share of the costs incurred in respect of property insurance and maintenance of the parking/service yard to the rear.

The lease will be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954 Part II.

A rent deposit may be required.

Proposals are invited based on an initial rent of £16,500 per annum exclusive.

The property is elected for VAT.

Property Features


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