Unit 5, Eastern Avenue Retail Park, Gloucester
Gloucester, GL4 3EA

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Huw Thomas

The Agent

Huw Thomas
Director

02920 346312
Ella Jefferies

The Agent

Ella Jefferies
Surveyor

02920 346316

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Particulars

Specification

  • RETAIL
  • 10,000 sqft (929 sqm)
  • To let
  • Rent on application

Location

Eastern Avenue Retail Park is located on the eastern side of the A38, which is a dual carriageway and forms part of Gloucester's outer ring road which connects with both the A40 and A417. Average daily traffic flow is 36,000. Eastern Avenue is Gloucester's principle retail warehousing location and other occupiers on the Park are Currys/PC World (committed until 2029), Harveys, Proper Job Superstore Ltd, First Class Second Hand Furniture, and a Tim Hortons drive thru'. Other occupiers along Eastern Avenue include Lidl, Halfords, B&M, Pure Gym, The Range, Screwfix, Magnet, Smyths, McDonalds and various trade counter, self storage and car dealerships. 265 car parking spaces are provided on the Park.

Description

The unit comprises a retail warehouse, providing a large trading area, rear storage, staff facilities and rear servicing.

The specification includes;

  • Large Trading Area
  • Rear Servicing
  • Partly Fitted Out Unit
  • 265 Car Parking Spaces

Viewings

Strictly by appointment with sole agents Cooke & Arkwright.

Terms

Subject to vacant possession, the unit is available to let via a new lease for a term to be agreed and five yearly upwards only rent reviews, on effective full repairing and insuring terms. The current annual service charge for the unit is £6,626.30.

Business Rates

£74,365 per annum

Service Charge

£6,626 per annum

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Cardiff Waterside is a significant property holding for Aviva Investors at almost 500,000 sq ft. Our experiences show the benefit of working with a regional specialist where occupational markets can be unlocked with a good team with excellent local contacts. Ben Bolton and his team have done this for us for many years and been fundamental to our success and a very low void rate in Cardiff.

Matthew Leach, Arriva Capital Waterside