Property Information
Address:
Retail Investment, 167 Barnwood Road, Gloucester, Gloucestershire
, GL4 3HH
, Gloucestershire
, United Kingdom
Price: Buy: POA
Size: 3950 sq ft367 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH656348
Property Ref/Agent: 21964
*Please use the agent ref when calling the agent directly.
Property description
The property comprises part of the ground floor of a modern part two, part three storey building.
The retail unit has a fully glazed frontage to Barnwood Road and has been fitted out by the tenants The Co-Operative as a convenience store.
It benefits from 15 allocated parking spaces and bin stores are provided.
The property has an EPC Rating of B-26 and it is valid until December 2024.
TENANCY
The property is let to Kenmare Estates Ltd (trading as The Cooperative Food) for a period of 15 years from 25th March 2018 at a rent of £47,500 per annum. The lease includes rent reviews on every 5th anniversary and a tenant's break clause on the 10th anniversary.
A copy of the tenancy agreement can be provided upon request.
The flats on the upper floors have been sold by way of a 125-year lease from 15th December 2014.
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