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Countrywide Estate Agents, Gloucester

Unit 18, Kingsway Local Centre, Thatcham Avene, Quedgeley, Gloucestershire, GL2 2GT

Basic Facts

Property ID: 12227 Post Updated: 2020-04-20 16:32:54
Status: Type:
Tenure: Virtual Freehold Area: 1233 sq ft
Gross Rent: £ 24,600 Lease Term: Lease expiring July '21
Lease Term Expiry Date: 31/07/21 Years left on Lease: -2.7

Property Description

  • Blue-Chip Virtual Freehold Retail Investment.
  • A new mid terrace retail unit arranged over ground floor only.
  • Extensive parking is provided to the front of the terrace for shared customer use, with delivery bay to the rear.

Location Description

  • The property is located on the Kingsway Local Centre in Quedgeley, some 5 miles south of Gloucester city centre, 2.5 miles from Junction 12 of
    the M5 Motorway via the A38.
  • Kingsway Local Centre is positioned at the heart of the Kingsway development which comprises 3,500 new houses and a major business park.
  • The busy local centre includes a school, community centre,  Tesco Express, Badhams chemist, Marstons public house, Premier convenience store, Sue Ryder charity shop, Pizza Hut delivery, Asian Fusion restaurant and takeaway and a veterinary practice.

Tenancy

  • Ground Floor let to Countrywide Estate Agent on a lease expiring in July 2021 for £24,600 pa.

Additional Notes

  • The property is held for a term of 999 years from 28th February 2017 at a peppercorn ground rent.

Features

Blue-chip tenant
Customer car parking
Finance available
Prime location
Suitable for a SIPP
Under £500k
Virtual Freehold

View on Map

Current Opportunities

Current Opportunity

Retail & HMO, Southall

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Current Opportunity

Tesco Express, Twickenham

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Gross Yield % 5.5
4157 sq ft
£ 2,300,000
Current Opportunity

Tesco, Shepherds Bush

Tesco Express, 31 Uxbridge Rd, London W12 8LH, UK View on map
Gross Yield % 5.5
3800 sq ft
£ 2,200,000
Current Opportunity

Vacant Retail Unit, Wokingham

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2530 sq ft
£ 600,000
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Domino’s, Colchester

3 North Station Road, Colchester CO1 1RH, UK View on map
Gross Yield % 6.1
3500 sq ft
£ 450,000
Current Opportunity

Swan Pub, Wimslow

2 Buckingham Rd, Winslow, Buckingham MK18 3DY, UK View on map
Gross Yield % 7.3
2500 sq ft
£ 450,000
Current Opportunity

Bathroom Shop & 8 Flats, Kenton

142-144 Kenton Rd, Harrow HA3 8AZ, UK View on map
8302 sq ft
£ 2,500,000
Current Opportunity

Pizza Hut, St. Albans

18 Beech Rd, St Albans AL3 5AS, UK View on map
Gross Yield % 6
1042 sq ft
£ 440,000

Specsavers, Savers & Comfort Sofa’s

66 Boothferry Rd, Goole DN14 5BT, UK View on map
Gross Yield % 7.9
7586 sq ft
£ 650,000
Current Opportunity

Newly Refurbished Warehouse & Offices, Sutton

5 Sandiford Road, Sutton, SM3 9RN
Gross Yield % 8
11300 sq ft
£ 2,000,000

Boots & Flat, Chingford, Greater London

9-11 Old Church Rd, Chingford Mount, London E4 6SJ, UK View on map
Gross Yield % 5.8
3792 sq ft
Call for price
Current Opportunity

Co-op Food, Bermondsey

Crimscott St, London SE1 5TE, UK View on map
5326 sq ft
£ 2,450,000

Iceland, Houghton-Le-Spring

15 Newbottle St, Houghton le Spring DH4 4AP, UK View on map
1292.70 sq ft
£ 1,300,000
Current Opportunity

Shop & 3 flats, Redhill

3 Brighton Rd, Redhill RH1 6TW, UK View on map
2595 sq ft
£ 950,000

Nail Salon, Stanmore, Greater London

7A The Broadway, Stanmore HA7 4DA, UK View on map
Gross Yield % 5
692 sq ft
£ 425,000
4992 sq ft
£ 3,800,000

Bodycare, West Bromwich

19 St James Pl, Mangotsfield, Bristol BS16 9JB, UK View on map
3713 sq ft
High Yield

Mixed Parade (Card Factory, Greggs & Restaurant), Boscombe

617 Christchurch Rd, Boscombe, Bournemouth BH1 4AP, UK View on map
£ 875,000
Current Opportunity

Victorian Shopping Arcade, Walsall

11 Lower Hall Ln, Walsall WS1 1RL, UK View on map
Gross Yield % 12.2
35724 sq ft
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