Nearby occupiers include a Co-op supermarket, Lloyds Pharmacy, Coral, Sue Ryder and a number of local retailers
Lot 2
Auction 14th February 2018
Rent £19,500 per Annum Exclusive
Status Sold Post
Price
Sector Bank
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
4 miles east of Gloucester, 33 miles north-east of Bristol, 45 miles south of Birmingham
Roads
A417, A38, A40, M5 (Junction 11a approximately 1 mile)
Rail
Gloucester Railway Station
Air
Gloucestershire Airport
Situation
Brockworth is a predominantly residential suburb of Gloucester, prominently located with 1/4 mile of Gloucester Business Park, with occupiers including BAE, Ageas and others, and just 4 miles south-east of Gloucester city centre. The property is situated on the east side of Court Road, at the end of a parade of commercial units. Neighbouring occupiers include a Co-op supermarket, Lloyds Pharmacy, Coral and Sue Ryder.
Tenure
Freehold.
Location
Miles
4 miles east of Gloucester, 33 miles north-east of Bristol, 45 miles south of Birmingham
Roads
A417, A38, A40, M5 (Junction 11a approximately 1 mile)
Rail
Gloucester Railway Station
Air
Gloucestershire Airport
Situation
Brockworth is a predominantly residential suburb of Gloucester, prominently located with 1/4 mile of Gloucester Business Park, with occupiers including BAE, Ageas and others, and just 4 miles south-east of Gloucester city centre. The property is situated on the east side of Court Road, at the end of a parade of commercial units. Neighbouring occupiers include a Co-op supermarket, Lloyds Pharmacy, Coral and Sue Ryder.
Tenure
Freehold.
Description
The property comprises a double fronted bank arranged on the ground and first floors. In addition, there is a self-contained three bedroom flat on the first floor accessed via the side of the property and with parking at the rear of the property.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a double fronted bank arranged on the ground and first floors. In addition, there is a self-contained three bedroom flat on the first floor accessed via the side of the property and with parking at the rear of the property.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground Ground Ground Part First Part First
Banking Hall Offices Strong Room/Stores Ancillary Residential
153.47sq m 31.59sq m 25.73 sq m 54.07 sq m Not measured
(1,652 sq ft) (340 sq ft) (277 sq ft) (582 sq ft
LLOYDS BANK PLC
10 years from 25/03/2012 on a full repairing and insuring lease (1) (2)
£19,500
24/03/2022
Totals
264.86 sq m
(2,509 sq ft)
£19,500
(1) Tenant option to determine in March 2017 was not exercised. (2) The tenant has sublet the residential flat. (3) The floor areas stated above were agreed between the parties at a previous rent review.
