A prominent retail site on Southgate Street in the centre of Gloucester has just come on to the market with leading property consultancy Bruton Knowles in Gloucester. The long-standing occupiers of 35 years, the musical instrument store Duck Son & Pinker, are vacating the site and the building is now being offered either For Sale or To Let to facilitate relocation of the business.

Occupying a prominent corner plot, close to Historic Gloucester Docks and Blackfriars Priory, the site has potential for redevelopment, subject to the necessary planning consents. It is being offered for sale at a guide price of £575,000 for the freehold, or to let at £45,000 per annum. Due to the prominence of the site, together with its development potential, Bruton Knowles anticipates a high level of interest for this instruction.

The three-storey semi-detached building is located at 52-56 Southgate Street with return frontage onto Blackfriars Lane. Comprising a total of 5,255 ft_ (433.64 m2), the ground floor is currently home to the music shop whilst the upper floors offer staff facilities and ancillary storage space. The building has a large single-storey extension to the rear and car parking for approximately seven vehicles is provided, accessed via a gated entrance from Ladybellegate Street.

Steve Hollands, commercial property expert at leading property consultancy Bruton Knowles in Gloucester comments: '‘It will be a sad loss to see such a long-standing occupier vacate after so many years. However, this area of Southgate Street has an exciting future as a link between the flourishing and increasingly popular Gloucester Docks and the prime shopping area. We have been involved with a number of freehold sales along this area of Southgate Street in recent years and we expect to see further activity in the following months all of which will serve to further enhance the street scene. The building lends itself to many alternative uses and we expect a high level of occupiers and developer interest, which is why we have offered it for either sale or let.”

For further details on this property, please contact Steve Hollands at BK on 01452 880 128.

Media information:
For further details, please contact Steve Hollands at BK on 01452 880 128 or Holly Howe at Linear PR 01285 643300.