A lower ground floor office suite comprising largely open plan accommodation within a Grade II Listed period building.

The lower ground floor has its own access to the front and to the rear of the property, as well as its own kitchen facility. Shared WCs are found on the ground and second floors of the building.

There is 1 allocated car parking space and businesses can apply for parking permits on Imperial Square (subject to availability).

EPC: EPC E (115). Full report available upon request.

Location:

Cheltenham town serves an extensive catchment area and is renowned for its range and quality of shopping and its various festivals which attract many visitors throughout the year.

The town benefits from good transport connections to the Midlands and South West with Junctions 10 & 11 of the M5 motorway located approximately 4 miles to the West of the town centre providing direct access to Bristol and Birmingham. The A417 (dual carriageway) provides good access to the M4 motorway and London. Cheltenham has regular train services to London Paddington (1 hour 55), Birmingham (40 mins) and Bristol (45 mins).

The subject property is located within Imperial Square; the established central office district of Cheltenham, overlooking the Town Hall and Imperial Gardens just a short walk from the Promenade shopping area. Nearby occupiers include Thomson & Bancks Solicitors, Montpellier Asset Managers, Imperial Hearing, SoGlos Publishing as well as other professional services. 

On the opposite side of Imperial Gardens is the well-known Queens Hotel and popular hotel and restaurant 131 Promenade; both leading towards Montpellier with its upmarket stores and fine-dining experiences. The Quadrangle building opposite has undergone redevelopment providing refurbished restaurants and offices with a new rooftop terrace restaurant.

Accommodation:

The approximate net internal floor area is as follows: 94.2 sq m (1,014 sq ft)

Rent:

£17,500 per annum exclusive.

Terms:

Available on a new (effectively) full repairing and insuring lease for a term of years to be agreed incorporating regular upward only rent reviews. Subject to vacant possession.

Rates:

Rateable Value: £6,800 Small business rate relief may be achievable. 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. Small business rate relief may be achievable.

Code for leasing business premises (2020):

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

VAT:

VAT may be 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