An end of terrace industrial unit of steel frame construction with a mixture of facing brickwork, and profiled cladding to the elevations under a pitched and profiled insulated roof. The ground and first floor office accommodation is located to the front of the unit. Male and Female WCs situated at both ground and first floor level
Location
The property is situated on Madleaze Road, a well established commercial location approximately 0.5 miles to the south of Gloucester City Centre and approximately 4.5 miles from Junction 12 of the M5 Motorway. Madleaze Road is accessed off Bristol Road, a main arterial route to Gloucester from the south.
Accommodation
Approx. 20,038 Sq ft (1,861.56 Sq m)
Terms
Available to let by way of a new lease on full repairing ad insuring terms.
The lease will be excluded from the Security of Tenure and compensation provisions of the Landlord & Tenant Act 1954 Part II
Rent The property is offered to let on the basis of £XXX per sq ft per annum, exclusive of VAT.
Service Charges A service charge is levied by the landlord to cover the cost of maintaining the common areas of the estate. Further details available on request
Planning The unit was previously used for general industrial (Class B2). It would also be suitable for light industrial purposes (Class B1) and warehousing/distribution (Class B8) subject to planning consent. Any interested parties should make their own enquiries to the Planning Department of Gloucester City Council.
Business Rates Description: Warehouse & Premises Current Rateable Value: £XXX Interested parties are advised to make their own enquiries to Gloucester City Council to establish the actual rates payable. www.voa.gov.uk.
Energy Performance Certificate The property achieves an A Rating. Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020
Legal Costs Each party is to be responsible for their own legal costs.
References and Rental Deposits Financial and accountancy references may be sought from any prospective tenant prior to agreement. Prospective tenants may be required to provide a rental deposit subject to the landlord’s discretion.
VAT Under the Finance Acts 1989 and 1997, VAT will be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
Specification
• New metal panel roof with warranty.
• New windows and doors
• Photovoltaic (PV) panels installed to roof
• Installation of fencing to form external front yard
• Office space refurbished with new ceilings and carpets.
Redecorated throughout
• New LED light fittings throughout
• New Male and Female WC facilities, and kitchenette