Commercial property for sale in Gloucester

PRIME COMMERCIAL INVESTMENT OPPORTUNITY Two fully-let ground floor commercial units generating £14,750 per annum, situated within a modern mixed residential/commercial development on the west side of Gloucester Docks. These immaculately presented retail units have been fully fitted out by the respective occupiers and enjoy a prime position on the waterfront of Gloucester Docks. Unit 1 is trading as 'Abbie Doctor Aesthetics' beauty salon and Unit 2 is operating as 'On Toast' café. A superb and high-yielding commercial investment. For Sale By Auction - This property is due to feature in our online auction on 24 April 2025 at 6.00pm. Bidding is via proxy, telephone or online remote bidding. Viewings - By appointment. Summary - FULLY-LET RETAIL INVESTMENT ON GLOUCESTER DOCKS - PRODUCING £14,750PA Description - Two fully-let, ground-floor commercial units generating an impressive £14,750 per annum, located in a contemporary mixed-use development on the sought-after west side of Gloucester Docks. These beautifully maintained retail spaces are fully equipped by their current tenants and benefit from a highly visible waterfront location. Unit 1 is home to the well-established 'Abbie Doctor Aesthetics' beauty salon, while Unit 2 operates as the popular 'On Toast' café. A fantastic high-yielding commercial investment in a vibrant, thriving area. Location - Gloucester Docks is a historic waterfront area in the heart of Gloucester, known for its beautifully restored Victorian warehouses, vibrant atmosphere, and stunning waterside views. Once a bustling hub for trade and industry, the docks have been transformed into a thriving destination featuring a mix of independent shops, cafes, restaurants, museums, and residential developments. The docks also serve as a key location for events and festivals, including food markets, live performances, and the renowned Tall Ships Festival. With its blend of history, modern amenities, and scenic charm, Gloucester Docks is a highly desirable location for businesses, residents, and visitors alike. Lease Details - Unit 1 is operating as a beauty salon and is leased to Abbie Doctor Aesthetics on a 10-year lease from 14 July 2023 at £8,500 per annum. The lease includes tenant-only break clauses in July 2026 and July 2029, with a rent review scheduled for July 2028. Unit 2 is operating as a café and is leased to On Toast, on a 10-year lease from September 2023 at £6,250 per annum. The lease includes a tenant-only break clause in August 2028 and a rent review in September 2028. Accommodation - Unit 1 (Approx. 43.7 m²) - Comprising a reception, two treatment rooms, kitchen and WC. Unit 2 (Approx. 38.1 m²) - Comprising a café, kitchen and WC. Please refer to floorplan for approximate room measurements and internal layout. Tenure - Each unit is for sale on a leasehold basis with approximately 179 years remaining, subject to the occupational leases detailed above. There is a ground rent of £2 per year for each unit. Service Charges - We understand the current service charges for each unit are as follows: Unit 1: £555.08 including buildings insurance. Unit 2: £418.64 including buildings insurance. Vat - The property is elected for VAT purposes. Completion - Completion for this lot will be 8 weeks from exchange of contracts or sooner by mutual agreement. Energy Performance Certificate (Epc) Ratings - Unit 1 (Abbie Doctor) - B Unit 2 (On Toast) - D Auction Or Bridging Finance Required? - Do you need a mortgage or loan quickly? Maggs & Allen have specialist Independent Brokers who can arrange residential and commercial finance on all types of property. Contact the Auction Team today to be put through to our mortgage and loan experts on or email Buyer's Premium - Please be advised that all purchasers are subject to a £1,500 plus VAT (£1,800 inc VAT) buyer’s premium payable upon exchange of contracts. *Guide Price - Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Reserve Price - The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. Proxy, Telephone & Online Remote Bidding - The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction. Preliminary Deposits - The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows: £1,000 - £150,000: £5,000 £151,000 and above: £10,000 If you bid is successful, the balance of the deposit monies and Buyer’s Premium (£1,800 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you within 5 working days. Rental Estimates - All rental estimates are provided in good faith. They should be verified by your own professional advisors prior to a commitment to purchase. Brochures Severn Road, Gloucester Docks, Gloucester

Commercial property for sale in Gloucester, England

Commercial development for sale

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