Oldbury Road Oldbury Road, Tewkesbury, GL20 5LZ

£ 55,000 pa / 5,433 sq ft
Oldbury Road, Tewkesbury - Picture
Use Class

Use Class

E

Size

Size

5,433 sq ft

Rent pa

Rent pa

£55,000

Prominent unit located just off the High Street with it’s own demised car-park with pedestrian access via Eagle Walk and vehicular access off Oldbury Road.

Tewkesbury is an attractive historic Gloucestershire market town, situated at the confluence of the River Severn and the River Avon, approximately midway between Birmingham and Bristol. The location benefits from excellent road communications via the M5, A46 and A38. The resident population within a 15 minute drive time of the subject property is 15,288 and is above the national average on a number of affluence indicators.

Accommodation

5,433 Sq.Ft

The premises are arranged over ground floor only. In addition, the demise includes the adjoining 21 space car-park. NB: The areas have been taken from the VOA and are subject to verification.

Areas
Sq.Ft
Sq.M
Ground Floor
5,433
504

Financial

Lease Type

Existing Lease

Lease Term

The premises are held by way of an effective FRI lease expiring on 23rd February 2025 subject to outstanding rent reviews in February 2015 and February 2020 at a current rental of £55,000 p.a. excl. Offers are invited on an assignment or underlease basis. Further information on this and the outstanding rent reviews are available upon request.

Rent

Subject to contract, rental offers are invited in the region of £55000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Rates payable may be subject to transitional relief and interested parties are advised to make their own enquiries to the Business Rates Department of Tewkesbury Borough Council – Tel: 01684 295 010

Tenure

Leasehold

Rates

Rateable Year:
2020
Rateable Value:
£50,000.00

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 25/01/2024