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40/44 Kings Walk & 29/33 Clarence St Gloucester, GL1 1RY

£ 100,000 pa
40/44 Kings Walk & 29/33 Clarence St, Kings Walk Shopping Centre, and Associated properties - Picture 1
Use Class

Use Class

E(a)

Rent pa

Rent pa

£100,000

The unit is situated in a prominent and busy location fronting Kings Square forming part of the Kings Walk shopping centre. Nearby occupiers include Debenhams Department Store, CEX, River Island, Iceland and The Entertainer.

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 city centre include Debenhams Department Store, BHS, Marks & Spencer, Primark etc

Key Information

Viewing

Strictly by appointment.

Accommodation

Dimensions
Feet
Metres
Gross Frontage
55
16.8
Return Frontage
54
16.5
Shop Depth
147
44.8
Areas
Sq.Ft
Sq.M
Ground Floor Sales
6,977
648
First Floor Storage (front)
1,113
103
First Floor Storage (rear)
1,337
124

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 £100000 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

£24,108 per annum

Tenure

Leasehold

Rates

Rateable Year:
2017
Rateable Value:
£74,000.00
Rates payable:
£36,779.00
UBR:
49.7p/£

Sustainability

Energy Performance Certificate

76

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 ©2024 Completely Property Technology Limited

This was last updated on 02/05/2023