Further to Telereal Trilliums acquisition of Chancel Close Trading Estate at the end of last year, plans for the estates extensive refurbishment are about to be implemented to bring forward a high specification trade counter scheme to benefit from its excellent location on Eastern Avenue, Gloucester.
The scheme, which will be redeveloped on a fast-track basis to meet the area’s strong occupier demand, will initially refurbish the estates two vacant units, 3 and 5, with further improvements made as and when other units become available in the future.
The refurbishment works to Unit 3 which is 7,104 sq ft, and Unit 5 which is 7,667 sq ft, will begin in August and will be completed and ready for occupation by October 2018.
John Hickson, Telereal Trillium said: “We are delighted to be bringing forward the refurbishment program of Chancel Close which will modernise a well established estate and enhance the benefits of its excellent location and range of unit sizes. We look forward to delivering a market leading product to appeal to the trade counter occupiers seeking quality space in the Gloucester area”
CBRE and ASH Chartered Surveyors will be joint agents for the scheme.
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