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Gloucestershire Business News

2 Mill Parade, Church Road, Bishops Cleeve, Cheltenham

The premises comprise a modern ground floor unit that forms part of a two-storey end of terrace building of cavity brickwork construction under a pitched tiled roof.

There is a timber framed fully glazed shop front to Church Road and a second modern shop front facing a large Tesco car park.

Internally there is a suspended ceiling incorporating recessed fluorescent strip lighting and some spot lighting on tracks and gas centrally heated radiators and the premises are currently fitted out with a kitchen, two storage areas and a WC.

EPC: The property has an energy rating of 53 (C).

A copy of the Energy Performance Certificate can be made available upon request.

Location

Bishops Cleeve is a large village with an estimated population of over 17,000 (2018) and growing rapidly as new housing development continues apace.

The village is situated about 4 miles north of Cheltenham and is about 6 miles from junctions 9, 10 and 11 of the M5 motorway.

The subject premises benefit from dual frontage to Church Road and a large Tesco car park, close to the junction with Cheltenham Road.

Other nearby occupiers include Badham Pharmacy, Cats Whiskers, Andrews Estate Agency, Cleeve Fish Bar, Folly Garden Vets and Tesco.

Accommodation

The approximate dimensions and floor areas are as follows:

Internal Width: 6.29 metres (20 ft 8) max.

Shop Depth: 10.45 metres (34ft 3)

Sales Area: 55.5 sq m (598 sq ft)

Terms

Available by way of a new effectively fully repairing and insuring lease for a term of years to be agreed, incorporating regular rent reviews.

Rent

£19,500 per annum, exclusive.

Rates

Rateable Value £10,250

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.

Businesses that qualify for Small Business Relief are currently entitled to 100% rates relief for the financial year 2021/22.

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 

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