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Gloucestershire Business News

Unit 3 Runnings Road, Cheltenham

The property comprises an industrial warehouse / workshop of concrete portal frame construction supporting a pitched roof, with blockwork elevations.

Internally, the accommodation is arranged to provide a practical mix of warehouse and workshop space, with ground and first floor offices and amenity areas.

The buildings construction provides for an internal eaves height of approximately 3.2m measured to the underside of the eaves haunch.

Access and loading is provided via the full height sliding doors within the front elevation.

There are 4 allocated car parking spaces to the front.

Energy performance certificate: The property achieves a 55:C rating.

Location:

The property is accessed directly off Runnings Road, adjacent to both Kingsditch Lane and Wymans Lane, Festival Trade Park and Kingsditch Trade Park.

The building is located close to the main arterial A4019 Tewkesbury Road, which provides access to the M5 Motorway at Junction 10, approximately 2 miles to the west and at Junction 11 via the A40, approximately 3 miles to the south west.

Cheltenham Town Centre is approximately 2 miles to the east, Gloucester is approximately 9 miles to the south-west via the A40 Golden Valley Bypass, and Tewkesbury is approximately 7 miles to the north.

Occupiers in the immediate area include The Small Car Company, K & R Vehicle Services, Selco Builders Warehouse, Screwfix, Toolstation, Tile Giant, Magnet and Howdens.

Accommodation:

Areas are approximate gross internal floor areas:

Warehouse: 506.71 sq m (5,454 sq ft)

Offices: 40.06 sq m (431 sq ft)

Mezzanine: 40.06 sq m (431 sq ft)

Total: 586.84 sq m (6,317 sq ft)

Services:

We are advised that all main services are connected to the premises with the exception of gas. 

We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.

Terms and rent:

The property is available on a new full repairing and insuring lease at £26,000 per annum exclusive.

Planning:

Interested parties should make their own enquiries to the Local Planning Authority.

Business rates:

The Valuation Office Agency states a rateable value of £39,500. 

Interested parties should make their own enquiries to the billing authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment. www.voa.gov.uk.

VAT:

The property is not elected to charge VAT.

Legal costs:

Each party is to be responsible for their own legal costs.

Contact:

Alder King Property Consultants 

Giles Nash

01452 627135

07503 017 301

gnash@alderking.com 

Adrian Rowley

01452 627133

07771 874 175

arowley@alderking.com 

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