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50 Kings Walk unit 40 Gloucester, GL1 1RY

Use Class

Use Class

E(a)

Rent pa

Rent pa

£20,000

Market Sector

Market Sector

Shopping Centre

Location

The unit is situated in a busy trading location within Kings Walk shopping centre. Nearby retailers include Subway, River Island, CEX and Iceland.

Accommodation

Dimensions
Feet
Metres
Internal Width
17.3
5.27
Areas
Sq.Ft
Sq.M
Ground Floor Sales
695
64.56
First Floor Storage
392
36.41

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 £20000 per annum exclusive of rates, service charge, VAT (if applicable) and all other outgoings.

Rates

Interested parties are advised to make their own enquiries to the Local Authority.

Service Charge

£4,440 per annum

Tenure

Leasehold

Rates

Rateable Year:
2015
Rateable Value:
£14,750.00
Rates payable:
£7,272.00

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.

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