Telereal Trillium to begin high specification refurbishement of Chancel Close Trading Estate in Gloucester

Chancel Close (002)

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.