Cooke & Arkwright

Cooke & Arkwright

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4, Eastern Avenue Retail Park

Eastern Avenue
Gloucester, GL4 3EA

Use Class E(a)

17,500 sq ft

POA

Use Class

E(a)

Size

17,500 sq ft

Rent pa

POA

Marketed by Cooke & Arkwright

Last updated 11/05/2022
4

Key Points

  • Potential to extend to create 1,858 sq. m / 20,000 sq. ft.
The unit comprises a retail warehouse, providing a large trading area, rear storage, staff facilities, rear servicing and a first f1oor trading mezzanine.
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

Accommodation details below:

Areas

sq ftsq m
Ground Floor10000.00929.00
First Floor Mezzanine7500.00696.00

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

Rates

Rateable Year:2022
Rateable Value:£138,000.00
Rates Payable:£70,656.00
UBR:51.2p/£

Costs

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

Sustainability

Energy Performance Certificate

78
Note: An accurate EPC value wasn't given for this property, please check with the relevant agent or owner for up-to-date information.

Last Updated

11/05/2022

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.

All data ©2022 Completely Property Technology Limited

Cooke & Arkwright

Cooke & Arkwright

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