The property is arranged on a ground floor only to provide a charity shop.
The site extends 2074 sq ft.
Location Description
The city of Gloucester is located approximately 36 miles north of Bristol, 56 miles south-west of Birmingham and 13 miles west of Cheltenham.
The city is situated adjacent to the M5 Motorway between Junction 11 and 12.
The A40 provides access to Cheltenham, whilst the A417 provides access to Cirencester.
The property is located on the Kingsway local Centre in Quedgeley, some 5 miles south of the city centre, 2.5 miles from Junction 12 of the M5 Motorway via the A38.
This is a densley populated new build reisdential area.
Occupiers in the Centre include Pizza Hut, Tesco Express, Premier Foodstore, a veterinary clinic and Taylors Estate Agents, amongst others. In addition, there is Quedgeley Parish Council, The Barn Owl and Kingsway Primary School.
Additional Notes
The entire property is at present let to Sue Ryder for a term of 10 years from 27 November 2014 at a current rent of £37,500 p.a.
The lease provides rent reviews every fifth year of the term and contains full repairing and insuring covenants.
The property is held on a 999 year lease from 28 Feb ’17 at a peppercorn annual rent