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Gloucestershire Business News

Ground and first floors, 21 Regent Street, Cheltenham

The property comprises a prestigious 3 storey Georgian, end terraced Grade II Listed Building. The accommodation is divided to provide ground sales area / with ancillary rooms located at first floor level.

The ground and first floor are approached from a common entrance hall and stairwell. Internally, the rooms provide a mix of cellular and open plan accommodation with kitchen and WC's located at first floor level.

Generally, the property has emulsion painted plaster walls and ceilings. Lighting is currently provided by a mixture of halogen spotlights and fluorescent/pendant lighting. Ash Chartered Surveyors understand that electricity and water supplies are connected to the property.

An EPC is being prepared.

Location:

The property is situated within the centre of Cheltenham fronting the east side of Regent Street which runs parallel north to south with The Promenade and linked to Regent Street via Ormond Place, a short road, partly pedestrianised and a thoroughfare linking the Promenade to the Regent Arcade Shopping Centre.

Within the immediate area there are Café Nero, Cavendish House (House of Fraser), Kibou, The Find/Workplace network, Loakes Shoes and Decathlon which form part of the shopping centre.

Accommodation:

(Approximate Net Internal area)

Retail sales area: 37.42 sq m (402 sq ft)

First floor kitchen: 26.70 sq m (287 sq ft)

First floor store: 12.58 sq m (135 sq ft)

Total floor area: 77.02 sq m (829 sq ft)

Rent:

£18,500

Rates:

The assessment currently appearing in the Valuation List is as follows:

Rateable Value: £19,000

Rate in £ 2023/2024: 0.499

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

The property falls within Class E of the Use Classes Order 1987.

Terms:

Available by way of a new full repairing lease for a term to be agreed.

VAT:

The property is not elected for VAT.

Legal costs:

Each party to bear their own costs incurred in the transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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