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| Substantial industrial units at Gloucester’s premier trading estate come onto market |
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Bruton Knowles has recently been instructed to act as joint marketing agents with King Sturge for the leasehold of two industrial units in the prime location of Eastern Avenue Trading Estate, Gloucester.
The two industrial warehouse premises, Unit 6 and Unit 7, are adjacent to one another and are available together, or as two individual units. Situated within the established commercial location of Eastern Avenue, with other key occupiers such as Big Yellow, Crown Berger and Screwfix, these premises are considered to be within one of Gloucester’s premier trade counter locations. With easy access to the M5 motorway network via the A38 Gloucester ring road, the estate is ideally located for businesses that require quick and easy transport links to a number of key areas the south-west and the Midlands. Both units are of a similar size, Unit 6 is 595 m² (6,409 ft²) and Unit 7 is 599 m² (6,450 ft²) totalling 1194 m² (12859 ft²) between the two units. Both units benefit from office accommodation within purpose built two-storey office pods towards the front of the properties. Externally, there are loading and car parking spaces providing four spaces each. The recent RICS survey of the commercial property market for Q3 2008 has shown that of all the sectors across the market, the industrial sector is performing better than the retail and office sectors, demonstrating that the demand for industrial buildings is holding its own on both a regional and national level whilst the market softens. The report also highlights that whilst rental expectations have lowered across the commercial property market, the industrial sector remains strongest, yielding the highest leasehold income of all three, reiterating that there is still demand for industrial properties even in this uncertain climate. Kurt Wyman, industrial agent at property consultants Bruton Knowles states: “This is a good opportunity to lease one or two decent sized warehouse units in what is considered to be Gloucester’s premier trade counter location. This site is ideally situated off the busy Eastern Avenue and provides convenient access to both the city centre and the motorway networks. “Despite the current downturn there is always a demand for modern units such as these which benefit from a good location.”
For details on Units 6 and 7 at Eastern Avenue Trading Estate, please contact Kurt Wyman at Bruton Knowles on 01452 880130 or via email at
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or Chris Miles at King Sturge 01179 276691 or email at
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