Unit 10 Neptune Business Centre is an end of terrace modern industrial unit of steel portal frame construction, under a pitched roof and encased with steel sheet cladding.

Energy performance certificate (EPC): The building is assessed at an energy efficiency rating of D88. A copy of the certificate is available upon request.

Location:

Neptune Business Centre is one of Cheltenham's most modern industrial developments and is located on the Southern side of Tewkesbury Road (A4019), approximately 2 miles to the West of Cheltenham Town Centre, on the main arterial route to/from the town centre, 2 miles from junction 10 and 11 of the M5 Motorway.

Tewkesbury Road is the location of major food retailers, retail parks, motor showrooms and Kingsditch Trading Estate.

Accommodation:

Approximate measurements and Gross Internal Floor Areas

Internally, the premises provides open warehouse space with an area under a supported mezzanine floor, reception and mezzanine floor office.

Ground floor: 4,153 sq ft 385.78 sq m

Mezzanine: 458 sq ft 42.51 sq m

Gross Internal Area: 4,611 sq ft 428.35 sq m

Mezzanine storage area: 1,012 sq ft 94.00 sq m

Eaves height 5.80 m

Sodium lighting to warehouse/factory area

Dedicated loading and parking areas

3 phase power supply

Roller shutter loading door

6 car parking spaces are provided on the vehicle forecourt.

Rent:

£48,500 pa

Business rates:

The premises are assessed at a rateable value of £23,500.

Source: Valuation Office Agency website.

Lease terms:

The premises are available, on a new full repairing and insuring lease, for a period of years to be agreed, at an initial rent of £48,500 per annum exclusive.

The lease will contain the provision of periodic upward only rent reviews and will be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954 Part II. A rent deposit may be required.

Estate service charge:

The tenant will be responsible for payment of an estate service charge to the managing agent in respect of maintenance and provision of services to the site. Further details available on request.

Buildings insurance:

The tenant will be responsible for reimbursing the landlord the cost of the annual buildings insurance premium.

RICS code for leasing business premises:

A copy of the RICS code for leasing business premises is available on request.

It is advised that all parties take independent professional advice during a commercial lease transaction.

VAT:

The property is elected for VAT.

Legal costs:

Each party are to be responsible for their own legal costs incurred during this transaction.

Contact:

John Ryde Commercial 

01242 576276

enquiries@johnryde.co.uk