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Gloucestershire Business News

121 The Promenade, Cheltenham

Description:

A Grade II* Listed building retaining many of its period features and yet modernised to provide an appealing working environment. The lower ground floor is currently fitted out as a fully functional recording studio.

There is private parking at the front and side of the premises for approximately 12 cars (including some tandem parking).

Location details:

No. 121 The Promenade is situated in the heart of the Regency Spa Town of Cheltenham overlooking Imperial Gardens and adjacent to both The Queens Hotel and Cheltenham's newest luxury Spa, Hotel and Restaurant no. 131 The Promenade.

Cheltenham is possibly England's foremost Spa Town and host to the Cheltenham Gold Cup jump racing festival, Internal festivals of literature, jazz, music and science and leading education establishments with

Cheltenham College, Pate's Grammar School and Cheltenham Ladies College.

Accommodation:

Net Internal basis

346.42 sq m (3,729 sq ft)

Gross Internal basis

485.00 sq m (5,220 sq ft)

Services:

Mains electricity, gas, water and drainage are connected. Gas fired central heating is installed.

Rates (Source VOA Website):

The property current has the following assessments:

Lower Ground Floor: £ 3,600

Ground Floor Left-hand side: £ 7,500

Ground Floor Righthand side: £ 6,600

First Floor: £11,750

Second Floor Suite A: £ 3,050

Second Floor Suite B: £ 5,900

VAT:

The property is not currently elected for VAT.

Vacant possession:

Vacant possession of the entire premises is available on completion of the purchase agreement or the existing tenancies could be adopted by the new owner. Full details of those tenancies are available on request.

Legal Costs:

Each party are responsible for its own legal costs arising.

Contact:

John Ryde Commercial 

Tel: 01242 576276

Email enquiries@johnryde.co.uk  or timsmith@johnryde.co.uk 

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