65 London Road is a four storey purpose built office building with accommodation currently available on the ground floor.
The ground floor suite is to be refurbished to provide open plan accommodation, and will benefit from new LED lighting, new carpets and kitchenette.
There are three allocated parking spaces to the rear of the building, and visitors parking to the front.
Location
Gloucester has a population of approximately 130,000 and is the county town of Gloucestershire. Gloucester is located approximately 35 miles north of Bristol and 55 miles south of Birmingham. Neighboring Cheltenham, which is approximately 10 miles east. Accessibility is superb. With easy access from Gloucester to junction 11, 11A and 12 of the M5 motorway. Mainline rail connections are available from Gloucester Station to London Paddington. The property is prominently located on London Road, one of the primary routes into the city centre. 65 London Road is located approximately half a mile from the city centre, railway station and bus station.
Accommodation
1,045 sq ft (97.08 sq m)
Terms
We are advised that electricity, water and drainage services are connected to the premises. We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.
Business Rates The Valuation Office website states that the ground floor has a current rateable value of £11,500. Interested parties should make their own enquiries to Gloucestershire City Council to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment www .voa.gov.uk.
Energy Performance Certificate An EPC has been commissioned and will be available for inspection.
Code for Leasing For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020 Terms The office suite is available on a new lease on terms to be agreed.
Rent To be based on £15.00 per sq ft per annum exclusive.
Legal Costs Each party is to be responsible for their own legal costs.
VAT Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. We recommend that the prospective tenants establish the VAT implications before entering into any agreement.
AML A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.
Specification
• Suitable for office or retail use (subject to planning consent)
• Situated within approx. 0.5 of a mile of Gloucester City Centre and main transport hubs