Pink Floyd guitarist and vocalist David Gilmour is set to release a solo album next year, says Consequence of Sound.

The record is Gilmour's follow-up to his 2006 solo record "On An Island."

"It's coming along very well," he told Rolling Stone in an interview. "There are some sketches that aren't finished, and some of them will be started again. There's a few months' work in it yet. I'm hoping to get it out this following year."

Gilmour also mentioned his plan to tour the forthcoming record. "I'm hoping to do an old man's tour, not a 200-date sort of thing," he said.

He also shared that his band Pink Floyd's latest record "Endless River," set to be released on November 10, will be their last. "Anything we had of value on this album," he said. "Trying to do it again would mean using second-best material, and that's not good enough for me."

The musician was vocal about his intention to bid farewell to the band after decades of creating and playing music together. "The whole thing was becoming bigger than I liked," he said about the success Pink Floyd has garnered. "I wasn't enjoying the lack of connection with the audience."

Answering if there's a possibility to tour the new record," Gilmour said: "Without [Rick Wright], that's kind of impossible."

Drummer Nick Mason shared Gilmour's idea about the impossibility of putting their latest album on the road.

"It would be fun to play live, but it doesn't actually lend itself to a proper tour," Mason told Gigwise in an interview. "It's something that you could play in UFO Club in 1967, it certainly isn't a stadium sort of event, and without Rick it's probably impossible."

He continued, "It's impossible to play, because the nature of it is that a lot of it is designed there and then - if one played it again, you wouldn't want to repeat what was on the record."