Investment.

Gloucester.

13-15 Eastgate Street, GN1 1NS

Map View

Status.

Sold on 17/04/2023

Accommodation.

Ground Floor Sales 4,687 sq ft 435.59 sq m
Ground Floor ITZA 1,517 sq ft 140.99 sq m
Ground Floor Ancillary 755 sq ft 70.17 sq m
First Floor Sales 4,404 sq ft 409.29 sq m
First Floor Ancillary 692 sq ft 64.31 sq m
Second Floor Ancillary 667 sq ft 61.99 sq m
Total 11,204 sq ft 1,041.26 sq m

Price.

£940,000 (Subject to Contract and Exclusive VAT)

Location.

Located in a prime retailing location on the pedestrianised Eastgate Street, the property is situated in the most desirable location within the city centre. In close proximity to one of the main entrances into the Eastgate Shopping Centre and national retailers including Marks & Spencer, Primark, Holland & Barrett, H&M, HSBC, Card Factory, The Body Shop, NatWest and Pandora

Description.

The property comprises a substantial retail unit arranged over ground and first floor sales with ground, first and second floor ancillary. The property benefits from a sales staircase as well as an escalator from ground floor providing access to the café situated on first floor.

The property is not listed and benefits from self-contained fire escape access to the front of the property with separate access and loading over a rear service yard.

Rent.

£175,000.00 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of 17.62% and an equivalent yield of 10.2%.

Share.

All viewings are strictly by prior appointment.

Will Civil.

Surveyor | Investment

David Freeman.

Partner | Investment

Jonny Gooch.

Associate Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson