Offers in region of
£310,000
(£124.68/sq. ft)
Retail premises for sale1 & 2 The Parade, Court Road, Brockworth, Gloucester GL3
2,486 sq. ft
Just added
Freehold
About this property
Ground floor let to National Star Foundation at £16,000 per annum
Vacant first floor offices with potential for conversion, subject to planning
Separate entrance to the first floor
Offers are invited in the region of £310,000
Total area - 231 m2 (2,487 ft2)
Description
The property comprises a two-storey semi-detached building of stone/reconstituted stone elevations under a pitched tiled roof, occupying a prominent corner position. The ground floor is arranged as retail premises with a fully glazed shopfront, fascia signage, and a ramped access to the entrance.
The first floor comprises cellular office accommodation, a kitchen and WC facilities. It is finished to a basic specification and in need of refurbishment.
On street parking is available in the area.
Tenancy
The ground floor is let to National Star Foundation, a well-established regional charity providing specialist education and support services, who operate the space as part of their retail and fundraising network. The lease runs for a 10-year term from February 2025, with a tenant break option in February 2030, at a passing rent of £16,000 per annum. The first floor is vacant.
Location
The property is situated on the eastern side of Court Road, a popular neighbourhood retail centre in Brockworth, with occupiers in the immediate vicinity including Coral Bookmakers, McColls Newsagents, Sue Ryder Charity Shop, Janes Pantry, and a Co-operative Supermarket. Brockworth lies approximately 4 miles east from the city centre and 2 miles south from Junction 11A of the M5 motorway (via the A417).
The property comprises a two-storey semi-detached building of stone/reconstituted stone elevations under a pitched tiled roof, occupying a prominent corner position. The ground floor is arranged as retail premises with a fully glazed shopfront, fascia signage, and a ramped access to the entrance.
The first floor comprises cellular office accommodation, a kitchen and WC facilities. It is finished to a basic specification and in need of refurbishment.
On street parking is available in the area.
Tenancy
The ground floor is let to National Star Foundation, a well-established regional charity providing specialist education and support services, who operate the space as part of their retail and fundraising network. The lease runs for a 10-year term from February 2025, with a tenant break option in February 2030, at a passing rent of £16,000 per annum. The first floor is vacant.
Location
The property is situated on the eastern side of Court Road, a popular neighbourhood retail centre in Brockworth, with occupiers in the immediate vicinity including Coral Bookmakers, McColls Newsagents, Sue Ryder Charity Shop, Janes Pantry, and a Co-operative Supermarket. Brockworth lies approximately 4 miles east from the city centre and 2 miles south from Junction 11A of the M5 motorway (via the A417).
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Monthly repayment
£1,550 per month
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