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Retail Units & Shops

Gloucestershire

Gloucester

property

23 Kings Walk unit 11, Kings Walk Shopping Centre, and Associated properties - Picture 1

Let

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

23 Kings Walk unit 11 Gloucester, GL1 1RY

Use Class

E(a)

Rent pa

£40,000

Market Sector

Shopping Centre

Location

The property is situated in a prime trading location in the covered Kings Walk Shopping Centre adjoining Virgin Media and Clinton Cards. Other nearby multiple occupiers include WH Smith, Primark, BHS, Superdrug and Greggs.

Accommodation

Dimensions

Feet

Metres

Internal Width

17.2

5.24

Shop Depth

15.24

Areas

Sq.Ft

Sq.M

Sales Area

829

77.01

First Floor Storage

376

34.93

Downloads

Brochure

23 Kings Walk unit 11, Kings Walk Shopping Centre, Gloucester - Brochure 1

Financial

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 £40000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Service Charge

£14,975 per annum.

Rates

Rateable Year:

2015

Rateable Value:

£49,750.00

Rates payable:

£24,527.00

UBR:

0.5p/£

This Property is Part of a 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 & WakefieldLM Real Estate

Disclaimer

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.