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Gloucestershire Business News

10 Rotunda Terrace, Montpellier Street, Cheltenham

The property comprises a three storey Grade II* period building with a basement. The premises provide a ground floor and basement shop with a courtyard garden. There is an option to have tables and chairs on the wide pedestrian footpath in front of the property subject to the appropriate licence from the council.

A self-contained two-bedroom apartment above is accessed from Rotunda Terrace via a shared lobby with the shop. A separate entrance from the lobby leads to a spacious hallway and a rear staircase. A separate cloakroom is located on the half landing.

The first floor offers an impressive open plan living area. A living and dining room to the front of the building benefits from a full height sash window, a fireplace with a feature gas fire, a ceiling rose with chandelier lighting and exposed timber floorboards.

The living room is linked to a kitchen to the rear via double folding doors. The kitchen comprises wall mounted and base units with worktops incorporating a Belfast style sink and a Rangemaster oven and hob with extractor hood above and three suspended pendant lights.

On the second floor there is a master bedroom to the front and a second bedroom to the rear, both with fitted wardrobes. In between is a good-sized bathroom with bath and shower above with tiled surround, WC and wash hand basin and a tiled floor. A few steps lead up to a third room/ study. Heating is by way of a gas central heating system with radiators throughout the apartment.

EPC: The building is listed and believed to be exempt.

Location:

Montpellier is a district of Cheltenham situated at the end of the Promenade on the south side of the town centre. Originally developed in the 1830's in conjunction with the Spas, it is now known for its bars, cafes, restaurants and a range of specialist shops.

The subject premises are prominently situated on Rotunda Terrace. Other nearby traders include Neal's Yard Remedies, Tom Howley, Dubarry, Blushes Hair Salon, All Bar One and The Ivy.

Accommodation:

The approximate dimensions and net internal floor areas are as follows:

Gross frontage: 5.3 m (17 ft 3)

Shop depth: 11.04 m (36 ft 3)

Internal width: 3.74 m (12 ft 3)

Ground floor sales: 35.17 sq m (378 sq ft)

Basement sales/ancillary: 39.77 sq m (428 sq ft)

Total sales/ancillary: 74.94 sq m (807 sq ft)

Maximum dimensions for the residential apartment above are as follows:

First Floor

Living/ Dining Room: 6.05m x 5.05m

Kitchen: 4.82m x 2.83m

Second Floor

Master Bedroom: 5.0m x 4.34m

Bedroom 2: 4.83m x 3.0m

Room 3/ Study: 3.28m x 2.01m (max.)

Bathroom: 3.58m x 1.62m

Guide Price:

£875,000.

Freehold for sale with vacant possession, subject to a current shorthold tenancy of the residential apartment. Further details on application.

Rates:

Rateable Value: £14,500 Council Tax Band: B

The Rateable Value is obtained from the Valuation Office website. Interested parties should make their own enquires of the billing authority (Cheltenham Borough Council 01242- 262626) to verify the current rates payable.

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 their own legal costs incurred in the transaction.

Contact:

KBW Chartered Surveyors 

01242 244744

enquiries@kbw.co.uk 

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