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16 Kings Walk unit 26 Gloucester, GL1 1RY

Let
16 Kings Walk unit 26, Kings Walk Shopping Centre, and Associated properties - Picture 1

Agents

Lunson Mitchenall logo

Lunson Mitchenall

Matthew Maynard

View Kings Walk Shopping Centre
Use Class

Use Class

E(a)

Rent pa

Rent pa

£75,000

Description

The property is situated in a prime and extremely busy trading location within the covered Kings Walk Shopping Centre adjoining HMV and Claires. Other nearby occupiers include Costa Coffee, Primark, The Perfume Shop, Jessops and Ann Summers.

Key Information

Viewing

Strictly by appointment.

Accommodation

Dimensions
Feet
Metres
Internal Width
18
5.48
Shop Depth
80
24.38
Areas
Sq.Ft
Sq.M
Sales Area
1,405
130.52

Financial

Lease Type

New Lease

Lease Term

The property is available by way of a new 10 year full repairing and insuring lease with a single upward only rent review at the end of the 5th year of the term.

Rent

Subject to contract, rental offers are invited in the region of £75000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

£19,547 per annum.

Tenure

Leasehold

Rates

Rateable Year:
2017
Rateable Value:
£60,000.00
Rates payable:
£29,821.00
UBR:
49.7p/£

This unit is part of Kings Walk Shopping Centre

Kings Walk Shopping Centre

Kings Walk is the dominant retail centre in Gloucester, comprising 180,00 sq ft of prime retail space. Major retailers include Primark, River Island and WH Smiths. The enclosed shopping centre comprises 40 stores, anchored by strong fashion retailers including River Island, BHS and Primark, together with a range of catering options ranging from ‘grab & go’ through to ‘sit in’ cafes and dining areas, leading onto Kings Square. Kings Square has now opened following the £5m refurbishment.

Strutt & ParkerCushman & WakefieldLunson Mitchenall

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 02/05/2023