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Gloucestershire Business News

15 Malmesbury Road, Cheltenham

Unit 15 is an end terrace industrial / warehouse unit of steel portal frame with brick and clad elevations. There is glazing to the front and rear of the property with an insulated clad roof with translucent panels at intervals.

The accommodation comprises a large workshop area with offices or trade counter to the front. The eaves height is approximately 4.5 m with a large concertina loading door at the rear. The front office / trade counter provides open plan accommodation. There are separate male and female WC facilities.

Externally the property has allocated parking to the front, together with a parking and loading area to the rear. In addition, a compound area can also be made available (see plan).

EPC: The unit has an energy performance rating of 91 (D). A copy of the Energy Performance Certificate can be provided upon request.

Location:

Malmesbury Road is located within the established Kingsditch area; approximately 2 miles west of Cheltenham town centre and 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 a number of trade counter, industrial, leisure and retail occupiers such as Apperley Honing, CA Honemaster, Hatherley Worktops, Severnside Safety, Cotswold Mounts and Qing Cables.

Accommodation:

The approximate Gross Internal Area (GIA) is as follows:

Warehouse: 418.15 sq m (4,051 sq ft)

Trade counter/office: 58.53 sq m (630 sq ft)

Total GIA (including WCs): 452.9 sq m (4,875 sq ft)

Compound: 240 sq m (2,583 sq ft)

Terms:

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

Rent:

Unit 15: £39,000 per annum exclusive.

Compound: £5,200 per annum exclusive.

Rates:

Rateable Value: £22,500

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.

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 parts.

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 244 744

enquiries@kbw.co.uk 

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