£13,000.00 pa < Back to search results
The Cathedral City of Gloucester is located approximately 110 miles to the west of London and is served by the M5 motorway (junctions 11 & 12) linking to Birmingham 45 miles to the north, Bristol 37 miles to the south, and is the 53rd largest settlement in the United Kingdom by population, having a population of c.121,688 (2011 census).
Gloucester railway station has frequent trains to London Paddington, Reading, Bristol, Cardiff Central, Nottingham and Birmingham.
64 Northgate Street is located close to the junction of Northgate Street and St Aldate Street, with nearby occupiers including Sainsbury's Supermarket, Cash Generators, Wilkinsons and Oxfam.
The property comprises a ground floor lock up shop, benefiting from full height glazed display frontage with a recessed entrance doorway, carpet tiled floor, ceiling mounted spot lighting, and toilet and kitchenette facilities to the rear. Loading doors in the rear of the property lead via a yard and wide passageway to a common loading/parking area accessed from Northgate Street leading to Spread Eagle Way.
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 leases 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 £13,000 per annum exclusive.