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Retail Units & Shops

Gloucestershire

Gloucester

property

Let

This property is part of an unsponsored retail warehousing scheme and therefore has limited information. To find out the benefits on scheme sponsorship click here.

4/5 Eastern Avenue, Gloucester, GL4 3EA

Use Class

E(a)

Size

20,067 sq ft

Rent pa

POA

Market Sector

Retail & Shopping Park

Key Features

Potential to extend to create 1,858 sq. m / 20,000 sq. ft.

Description

The unit comprises a retail warehouse, providing a large trading area, rear storage, staff facilities, rear servicing and a first f1oor trading mezzanine.

Location

Eastern Avenue Retail Park is located on the eastern side of the A38, which is a dual carriageway and forms part of Gloucester's outer ring road connecting both the A40 and A417. Average daily traffic flow is 36,000. Eastern Avenue is Gloucester's principle retail warehousing location and other occupiers on the Park are Currys/PC World (committed until 2029), First Class 2nd Hand Furniture, Property Job Superstore Ltd and a new drive thru' to Tim Hortons. Other occupiers along Eastern Avenue include Lidl, Halfords, B&M, Pure Gym, The Range, Screwfix, Magenet, Smyths, Mcdonalds and various trade counter, self storage and car dealerships. 265 car parking spaces are provided on the park.

Accommodation

20,067 Sq.Ft

Areas

Sq.Ft

Sq.M

Ground Floor

10,000

929

First Floor Mezzanine

7,500

696

Downloads

Brochure

4, Eastern Avenue Retail Park, Gloucester - Brochure 2022-05-11-17-24-59

Financial

Lease Term

Subject to vacant possession, the unit is available to let via a new lease for a term to be agreed and five yearly upwards only rent reviews, on effective full repairing and insuring terms. The current annual service charge for the unit is £6,626.30.

Rent

On application

Costs

Each party to bear its own legal costs in dealing with this transaction.

Rates

Rateable Year:

2022

Rateable Value:

£138,000.00

Rates payable:

£70,656.00

Sustainability

Energy Performance Certificate

This Property is Part of a Retail & Shopping Park

Eastern Avenue Retail Park

Cooke & ArkwrightMorgan Williams

Disclamier

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.