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Gloucestershire Business News

Second floor office suite, 12 Imperial Square, Cheltenham

The property comprises a 19th century mid terraced Grade II* listed building.

The available office suite is made up of 2 interconnecting rooms at second mezzanine level with shared kitchenette and Male and Female toilet facilities at first floor level.

The offices have painted plastered walls and ceilings with laminated flooring throughout. Lighting is provided by LED spot lighting and the suite further benefits from night storage heaters in both rooms. 

The suite comes with its own designated electricity supply. Parking permits within the square may be available from Gloucestershire County Council.

The property has an EPC Rating of E-122.

Location:

The property is situated within the prime office location of Cheltenham town centre, overlooking Imperial Square, the Town Hall and within a couple of hundred yards of the Promenade.

There are excellent road communications with the M5 motorway lying on the Western fringes of the town and the main A40 road providing access to the West Country, Oxford and London to the East. 

There is in addition a main line railway station in the town forming a link to London Paddington with journey time of just under two hours.

Accommodation:

Approximate Net Internal area

Total office space: 16.16 sq m (174 sq ft)

Rent:

£5,000

Rates:

The assessment currently appearing in the Valuation List is £1,900.

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

Planning:

Offices within Class E of the Use Classes Order 1987.

Terms:

Available by way of a new lease available for a multiple term of 3 years. The office suite is available late December 2023 / early January 2024.

Service charges:

Fixed at £1,600 and increases annually by reference to the Retail Price index.

This covers the maintenance and upkeep of the external and common areas of the building plus fire alarm system, refuse collection, water rates and the lighting of the common areas.

VAT:

The property is not elected for VAT.

Legal costs:

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

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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