1. Realla
  2. Shops, retail for sale
  3. Gloucester

15 Commercial Road, Gloucester GL1 2DY – Gloucester

For sale £320,000

John Ryde Commercial
Full address
15 Commercial Road, Gloucester, Gloucestershire GL1 2DY – Gloucester
Contact details

020 *** ****

When prompted enter this code:

Or use the form below to email the agent

Property type
Shop, retail unit for sale
Asking price
£320,000
Features
Furnished, Security, Shared space
Tenure
Freehold

The property is located in a highly visible position at the junction of Commercial Road and Southgate Street (A4301), less than a quarter of a mile from The Cross, the historic centre of the City, and a couple of minutes walk from The Docks, adjacent to which is Gloucester Quays Outlet Shopping Centre.
The immediate locality has seen substantial improvements over the last couple of years, with the refurbishment of a number of buildings, and improvements made by the City Council to the surroundings streets, including the introduction of a ‘shared space’ scheme, new street furniture and public art. City & Country are preparing for the redevelopment of the former hmp Gloucester and the wider Blackfriars area is the subject of substantial regeneration and development proposals.
15 Commercial Road stands in an end terrace/corner position and is built of brick and ashlar stone fronted elevations under a flat roof behind a parapet wall incorporating single glazed sash windows to the upper floors and a glazed retail frontages to all elevations on the ground.
The ground floor comprises a self contained shop with cellar (cellar not inspected).
The ground floor shop is let by way of a lease for a term of years expiring on 25 July 2017 to Mr B Crosby trading as ‘Westend Framing & Art’ at a rent passing of £10,200 per annum exclusive. The lease is within the security of tenure provisions of the Landlord and Tenant Act 1954.
The ground floor tenant has indicated to our client that, in principle, he would like to renew his lease, for a term of years to be agreed, at a rent of £12,500 per annum exclusive.
The upper floor flats are each let on Assured Shorthold Tenancies, at rents of £450 per flat per calendar month.
The premises are offered for sale on a freehold basis subject to the tenancy interests mentioned above.
The property is located in a highly visible position at the junction of Commercial Road and Southgate Street (A4301), less than a quarter of a mile from The Cross, the historic centre of the City, and a couple of minutes walk from The Docks, adjacent to which is Gloucester Quays Outlet Shopping Centre.
The immediate locality has seen substantial improvements over the last couple of years, with the refurbishment of a number of buildings, and improvements made by the City Council to the surroundings streets, including the introduction of a ‘shared space’ scheme, new street furniture and public art. City & Country are preparing for the redevelopment of the former hmp Gloucester and the wider Blackfriars area is the subject of substantial regeneration and development proposals.
15 Commercial Road stands in an end terrace/corner position and is built of brick and ashlar stone fronted elevations under a flat roof behind a parapet wall incorporating single glazed sash windows to the upper floors and a glazed retail frontages to all elevations on the ground.
The ground floor comprises a self contained shop with cellar (cellar not inspected).
The ground floor shop is let by way of a lease for a term of years expiring on 25 July 2017 to Mr B Crosby trading as ‘Westend Framing & Art’ at a rent passing of £10,200 per annum exclusive. The lease is within the security of tenure provisions of the Landlord and Tenant Act 1954.
The ground floor tenant has indicated to our client that, in principle, he would like to renew his lease, for a term of years to be agreed, at a rent of £12,500 per annum exclusive.
The upper floor flats are each let on Assured Shorthold Tenancies, at rents of £450 per flat per calendar month.
The premises are offered for sale on a freehold basis subject to the tenancy interests mentioned above.

This shop, retail unit for sale is located in Gloucester.

Search for all available commercial properties for sale in Gloucester

Please enable JavaScript to view Google Maps...

Please enable JavaScript to view Google Maps...

Contact property agent

Please supply either an email address or phone number

By submitting this form, you accept our Terms & conditions & Privacy policy Please note that Realla will send the above details to John Ryde Commercial only.

Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to John Ryde Commercial. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact John Ryde Commercial for full details and further information.