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Gloucestershire Business News

Unit A, Victoria House, Churchill Road, Cheltenham

The property is a semi-detached industrial unit of steel portal frame construction with block and brick elevations up to first floor level and painted profiled metal cladding above.

The property has a mono pitched roof and is also made of a profiled metal cladding construction. 

There is a pedestrian entrance at ground floor level facing Churchill Road along with aluminium framed windows at first-floor level. The unit also benefits from a 2.4 m roller shutter door with 3 onsite parking spaces.

Internally the ground and first-floor accommodation is fitted out to a good standard including A/C heating and cooling system, fluorescent lighting, and inbuilt fire alarm system. The unit also benefits from a single-phase electrical supply. 

The unit is offered on a stepped rent basis with the rent in year one commencing at £25,000 p.a. +VAT.

The unit has an EPC rating of D-78 effective until September 29, 2030.

Location:

The property is well located within the Churchill Trading Estate in Leckhampton. The unit fronts the west side of Churchill Road and lies approximately 1.5 miles south of Cheltenham town centre.

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. 

The trading estate sits within a prominently residential area, however there are a large number of small businesses located in the estate including, C S Glass Ltd, Newblinds, Cotswold Linen Care Ltd and Cape Homes. Travis Perkins are also located nearby.

Accommodation:

(Approx gross internal area)

Ground Floor: 170.23 sq m (1,832 sq ft)

First Floor: 180.04 sq m (1,937 sq ft)

Total: 350.27 sq m (3,769 sq ft)

Price:

£395,000

Rent:

£25,000

Rates:

The rateable value appearing on the Valuation Office Agency website is as follows:

Warehouse and premises: £27,000

Rate in the £ 2023/2024: 0.499

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

Planning:

The unit has been used for office and storage purposes which fall within Class E, B1 and B8 of Use Classes Order 1987.

Terms:

The unit is offered freehold with vacant possession and is also available by way of a new lease for a term to be agreed.

VAT:

The property is elected for VAT.

Legal costs:

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

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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