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26 Kings Walk Unit 31 Gloucester, GL1 1RY

£ 75,000 pa
26 Kings Walk Unit 31, Kings Walk Shopping Centre, and Associated properties - Picture 1
Use Class

Use Class

E(a)

Rent pa

Rent pa

£75,000

The property is situated in a prominent central location within the busy covered Kings Walk shopping centre adjoining Greggs and Timpson. Other nearby occupiers include Clinton Cards, HMV, Warren James and River Island.

Gloucester is a cathedral city with a resident population of 124,000 and is located 9 miles South West of Cheltenham and 36 miles North of Bristol. Major retailers located in the shopping centre include BHS, Primark, HMV, The Entertainer, Costa, Virgin Media, Ann Summers and Superdrug.

Key Information

Viewing

Strictly by appointment.

Accommodation

Areas
Sq.Ft
Sq.M
Ground Floor Sales
1,080
100
First Floor
1,091
101

Financial

Lease Type

New Lease

Lease Term

The property is available by way of a new 10 year effectively 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

£23,782 per annum

Tenure

Leasehold

Rates

Rateable Year:
2017
Rateable Value:
£73,000.00
Rates payable:
£36,282.00
UBR:
49.7p/£

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