Lot 57 - 70 Eastgate Street, Gloucester, Gloucestershire, GL1 1QN
Lot 57 - 70 Eastgate Street, Gloucester, Gloucestershire, GL1 1QN
Guide Price* : £140,000+
- Unconditional Online Auction Sale
Lot 57 -Commercial Investment Opportunity
Description
ONLINE AUCTION from 14th APRIL - 16th APRIL 2026
An excellent opportunity to acquire a grade 2 listed commercial office block in the heart of Gloucester city centre. Offering significant potential for redevelopment, subject to the necessary planning consents.
The property is currently configured for commercial use but presents scope for conversion into residential flats, making it an attractive proposition for developers.
Gloucester is located approximately 9 miles (14.5 km) west of Cheltenham, 35 miles (56.2 km) north of Bristol, 55 miles (88.5 km) south of Birmingham and 100 miles (161 km) west of London. Access to the motorway network is available at Junctions 11, 11A and 12 of the M5 and Junction 15 of the M4 at Swindon.
Rates for the building The current rateable value of the building is £9,200. The Rateable value is due to change to from 1st April 2026 to £10,500.
Accommodation
Ground Floor Three office rooms, kitchen and two WC facilities
First Floor Two large office rooms
Outside Two parking spaces
Tenancies
To be sold with vacant possession
Tenure
Advised Freehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (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.
Guide Price* : £140,000+
- Unconditional Online Auction Sale
Lot 57 -Commercial Investment Opportunity
Viewing
Paul Fosh Auctions
Office Contact
Olivia Williams
Documents
Legal Documents
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