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Gloucestershire Business News

Office - 26 Cambray Place, Westminster House, Cheltenham

Believed to date back to the early 1800's (source: Historic England), this Grade II listed Villa is accessed from Cambray Place via a stepped central entrance and provides office accommodation over three levels.

There is a central open staircase providing access to all levels. The ground and first floors are largely open plan, benefiting from natural light from the front and rear elevations of the property.

Demountable partitions have been installed to create cellular offices, although further open plan office areas could be achieved by their removal. The lower ground floor comprises a staff canteen, further cellular offices and storage facilities.

The property benefits from 5 car parking spaces at the front of the building, with further public parking available within walking distance of the property. The building is heated via gas central heating with radiators throughout. There are fluorescent ceiling lights, power and data points around the perimeter of each room, and additional floor boxes in some office areas.

EPC: The building is listed and therefore exempt.

Location details:

With a population of around 120,000, Cheltenham is an important regional centre within the heart of the Cotswolds. The 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). Cambray Place is situated in the centre of Cheltenham town, within 100m of the main High Street and John Lewis Department Store, with good vehicular access from the inner ring road.

Accommodation:

Ground floor: Offices 155.57 sq m (1,675 sq ft)

Store 8.38 sq m (90 sq ft)

Lobby 6.75 sq m (73 sq ft)

First floor: Offices 110.39 sq m (1,188 sq ft)

Lower ground floor: Offices 67.44 sq m (726 sq ft)

Staff kitchen / Canteen 57.4 sq m (618 sq ft)

Stores 9.8 sq m (105 sq ft)

Total: Offices 333.4 sq m (3,589 sq ft) plus lobby, kitchen and stores.

Planning:

We understand the property currently benefits from Use Class B1 (offices) consent. The building could suit a wide range of uses, subject to planning (STP). All enquiries welcome.

Terms:

Either, for sale freehold with vacant possession on completion, or by way of a new lease for a term of years to be agreed.

Price:

£56,000 per annum exclusive. Alternatively, a sale will be considered. Guide Price £1.1 million.

Rates:

Rateable Value: £30,500. 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.

VAT:

VAT may be payable on the rent or any other charges or payments detailed. All figures quoted are exclusive of VAT and intending purchasers must satisfy themselves as to the VAT position by taking appropriate professional advice.

Legal costs:

Each party is responsible for its own legal fees incurred in the transaction.

Contact:

KBW

01242 244744

enquiries@kbw.co.uk 

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