Retail premises to rent in Gloucester GL1

£12,000.00 pa < Back to search results

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Property Description

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.

17 St Aldate Street is located approximately 500 yards from The Cross, the historic centre of Gloucester.

The £107million King’s Quarter regeneration scheme of the centre of the city was approved in January 2021. The plan will see development partners Reef Group asked to deliver the Forum, a vibrant social and digital campus for the South West that will act as a catalyst for an emerging digital and cyber security sector.

The Forum will include more than 125,000 sq ft of new versatile office space with a shared workspace club and an innovation hub designed for emerging cyber businesses and incubator businesses. This will sit alongside a 131-bedroom four-star hotel, a 9,000 sq ft gym, restaurants, shops, bars and cathedral view apartments.

As part of the 600,000 sq ft masterplan for The Forum, there will be a multi-storey car park, alongside over one acre of public realm and landscaping work.

The property provides accommodation arranged over three levels. The ground floor sales area has a large display window to St Aldate Street and benefits from an internal roller shutter security screen. There is an intruder alarm and suspended ceiling with recessed lighting.

Approximate measurements and Net Internal Floor Areas
Ground floor 35.4 sq m (381 sq ft)
Basement 29.2 sq m (314 sq ft)
First floor 13.5 sq m (145 sq ft)
First floor with kitchen and WC in addition.

Rear service yard and car park accessed by Northgate Street/Spreadeagle Way, where there is one allocated car parking space.

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.

Rental offers are invited in the region of £12,000 per annum exclusive. A rent deposit may be required.

The property is elected for VAT.


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