£215,000
(£194.57/sq. ft)
Retail premises for sale35 Northgate Street, Gloucester GL1
1,105 sq. ft
About this property
Price: £215,000 for the freehold interest subject to the lease in place.
Currently let on a 10 year lease from January 2021 at the rent of £17,500 per annum (agreed at review on 11 January 2026).
Total Size: 102.7 m2 (1,105 ft2).
EPC Rating of e-117.
Modern shopfront, combination of single glazed and UPVC double-glazed windows to the first floor.
First floor accessed via stairs at the rear and provides storage, and staff accommodation including staff room, small kitchen on the landing and WC.
The property is a mid terraced building of brick construction resting under a flat roof. The property comprises a ground-floor retail unit with a single-storey rear section and no rear access, as the neighbouring building wraps around the back of the premises.
It features a modern shopfront at ground level, with a combination of single-glazed metal and UPVC double-glazed windows to the first floor. The ground floor includes plastered and painted finishes and a suspended ceiling.
The first floor is accessed via stairs at the rear and provides storage and staff accommodation, including a staff room, toilet, and a small kitchen on the landing.
Location
The property is situated fronting Northgate Street close to the junction with St Johns Lane approximately 1⁄4 mile north from the prime Gloucester city centre retail district situated at ‘The Cross’. Retail occupiers in the immediate area include tk Maxx, Sports Direct, Savers, Bon Marche, Peacocks, and a number of independent traders. The former Debenhams department store immediately opposite the property has been converted for use by Gloucestershire University.
Gloucester Royal Hospital and Gloucester Mainline Railway Station and Bus Station are located within 1⁄2 mile to the east of the property.
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