The properties comprise steel framed, terraced industrial warehouse units underneath pitched roofs which incorporate translucent roof panels at regular intervals. Each unit includes a UPVC clad section within the front elevation, which incorporates personnel doors and UPVC double glazed windows at ground and first floor levels.

Internally, each unit includes offices at ground and first floor levels to the front with open warehouse accommodation to the rear, three phase power supply, concrete floor, WC facilities and a loading door.

Externally, each unit benefits from loading and parking areas within the secure, fenced and gated site. Some with the benefit of outside storage.

Refurbishment to include full internal redecoration, new floor finishes to office areas and electric roller shutters will also be installed. New low energy LED lighting throughout.

Location:

Malmesbury Road is located within the established Kingsditch area of the town approximately 2 miles west of Cheltenham town centre in close proximity to the town's primary retail parks.

Junction 10 of the M5 motorway is approximately 3 miles to the west and junction 11 approximately 3.5 miles to the south.

Other occupiers on Malmesbury Road include Regent RS, CA Honemaster, Apperley Honing, Qing Cables and Susan Molyneux Cosmetics.

Accommodation:

Unit 18

Ground floor: 137.6 sq m (1,481 sq ft)

First floor: 15.8 sq m (170 sq ft)

Total: 153.4 sq m (1,651 sq ft)

Quoting rent per annum exclusive (pax): £18,250

Target EPC Rating: B

Unit 19

Ground floor: 137.4 sq m (1,479 sq ft)

First floor: 15.5 sq m (167 sq ft)

Total: 152.9 sq m (1,646 sq ft)

Quoting rent per annum exclusive (pax): £18,250

Target EPC Rating: B

Unit 20

Ground floor: 137.7 sq m (1,482 sq ft)

First floor: 15.2 sq m (164 sq ft)

Total: 152.9 sq m (1,646 sq ft)

Plus, external storage of approx. 400 sq ft.

Quoting rent per annum exclusive (pax): £18,750

Target EPC Rating: B

Unit 21

Ground floor: 199 sq m (2,142 sq ft)

First floor: 26.4 sq m (284 sq ft)

Total: 225.4 sq m (2,426 sq ft)

Plus, external storage of approx. 273 sq ft.

Quoting rent per annum exclusive (pax): £27,000

Target EPC Rating: C

Unit 25

Ground floor: 135.2 sq m (1,455 sq ft)

First floor: 16 sq m (172 sq ft)

Total: 151.2 sq m (1,627 sq ft)

Plus, external storage of approx. 888 sq ft.

Quoting rent per annum exclusive (pax): £19,500

Target EPC Rating: C

The units are available individually or combined. Units 18, 19 and 20 are adjacent to one another.

*Units to be reassessed following completion of refurbishment works.

Terms:

Available by way of a new full repairing and insuring lease for a term of years to be agreed, incorporating regular upward only rent reviews.

Estate service charge:

A service charge will be levied by the Landlord and recoverable from the Tenant as a contribution towards the upkeep, maintenance and management of the estate and common areas.

Rates:

Rateable Values (from 1 April 2023):

Units 18, 19, 20 - £35,000

Unit 21 - £22,500

Unit 25 - £15,250

Transitional relief may be available.

The above information was obtained from the Valuation Office website.

Interested parties should make their own enquiries of the billing authority (Cheltenham Borough Council) to verify the current rates payable.

Code for leasing business premises (2020):

All tenants should be aware of the Code for Leasing Business Premises and are recommended to seek professional advice relating to this, or any, commercial property letting transaction.

VAT:

VAT is payable on the rent and/or any other charges or payments detailed. All figures quoted are exclusive of VAT and intending lessees must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

Each party to be responsible for its own legal costs in connection with the transaction.

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk