Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of The Canal & River Trust
Property Information
Location
Miles
9 miles west of Cheltenham, 20 miles north-west of Cirencester, 37 miles north of Bristol
Roads
A38, A40, M5 (Junction 11a)
Rail
Gloucester Railway Station
Air
Bristol Airport
Situation
The property is situated in an established commercial area just off Bristol Road, approximately 1.5 miles south of Gloucester city centre. The property is positioned on the east bank of the Gloucester and Sharpness Canal.
Tenure
Freehold.
Location
Miles
9 miles west of Cheltenham, 20 miles north-west of Cirencester, 37 miles north of Bristol
Roads
A38, A40, M5 (Junction 11a)
Rail
Gloucester Railway Station
Air
Bristol Airport
Situation
The property is situated in an established commercial area just off Bristol Road, approximately 1.5 miles south of Gloucester city centre. The property is positioned on the east bank of the Gloucester and Sharpness Canal.
Tenure
Freehold.
Description
Plot E comprises a broadly level and regular parcel of land currently being used for storage.
VAT
VAT is 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
Plot E comprises a broadly level and regular parcel of land currently being used for storage.
VAT
VAT is 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
Lot
Address
Use
Site Area
Tenant
Term
Rent p.a.x
Reviews/ (Reversion)
58
Plot E
Storage
0.257 Acres
(0.1 Hectares)
PERMALI GLOUCESTER LTD on assignment from Permali Limited (1)
77.75 years from 25/03/1977
£4,750
25/03/2019 and 7 yearly (24/12/2054)
(1) Permali Gloucester Limited was incorporated in 1998 and is ultimately owned by 3i Group Plc. For the year ending 31st May 2017, Permali Gloucester Limited reported a turnover of £7,139,020, pre-tax profits of negative -£970,497 and a total net worth of £4,905,557.