The premises comprise a Grade II listed double fronted shop unit, with retail space on the ground floor.

The basement provides ancillary space with a kitchen facility for sole use of the tenant and shared WC facilities, there is also a plant room which can be accessed from the basement.

EPC: EPC D (98). Full report available on request.

Location:

Montpellier is a district of Cheltenham situated at the top of the Promenade on the south side of the town centre.

Originally developed in the 1830's, it is now known for its bars, cafes, restaurants, and a range of specialist shops. The premises are situated with dual frontage to both Montpellier Street and Montpellier Walk, adjacent to The Rotunda public house and facing Montpellier Gardens.

Other nearby occupiers include Fired Earth, Coffee #1, Cote, Giggling Squid, For The Saints, All Bar One, The Chip Shed and The Ivy.

Accommodation:

The approximate Net Internal Area is as follows:

Ground Floor: 32.86 sq m (354 sq ft)

Basement: 26.28 sq m (283 sq ft)

Total: 59.14 sq m (637 sq ft)

Rent:

£22,750 per annum exclusive.

Terms:

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

Rates:

Rateable Value: £24,750.

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. Transitional relief may be available.

Service charge:

A service charge is payable towards upkeep and maintenance of the common parts and external structure.

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:

We understand that VAT is payable on the rent, 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 bear its own legal costs incurred in the transaction.

Contact:

KBW Property Consultants 

01242 244744

enquiries@kbw.co.uk