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Gloucestershire Business News

2nd floor offices, 14-15 Montpellier Arcade, Cheltenham

The property comprises a Grade II mid terraced period building of three-storey construction, having attractive smooth rendered elevations

The available offices comprise a fine self-contained suite of 3 linked rooms with a kitchen and 2 separate WC's.

The Accommodation has attractive natural wood finishes doors, architraves and skirtings together with moulded plaster cornicing and sash windows.

The property has an EPC rating of E-103. Certificate Ref No: 0310-0531-0979-2194-1006.

Location:

The premises are situated at Second floor level of Nos. 14/15 Montpellier Arcade within the fashionable shopping area of Montpellier, close to Cheltenham town centre and a wide range of facilities.

There are excellent road communications with the M5 motorway lying on the Western fringes of the town and the main A40 road providing access to the West Country, Oxford and London to the East.

There is in addition a main line railway station in the town forming a link to London Paddington with journey time of just under two hours.

Accommodation:

The office is approached from Montpellier Street via a common Entrance Lobby and staircase to the second-floor landing leading to:

Approximate Net Internal area

Office 1: 11.58 sq. m (124 sq ft)

Office 2: 13.80 sq. m (148 sq ft)

Office 3: 10.03 sq. m (107 sq ft)

Kitchen: 7.37 sq. m (79 sq ft)

Total: 42.54 sq. m (458 sq ft)

Rent:

£5,500

Rates:

A search on the Valuation Office Agency website has revealed the following entry:

Rateable Value: £3,600

Rate in £ 2019/2020: 0.491

Prospective occupiers are advised to make their own enquiries of the Local Authority to establish the position in respect of transitional relief.

Planning:

Offices which fall within Class B1(a) of the Use Classes Order 1987.

Terms:

New lease available for multiple term of 3 years.

VAT:

VAT is charged on rents and service charges.

Service charges:

The tenant is to contribute towards a fixed service charge in respect of maintenance of the external fabric of the building and common areas. This charge will be set at £2,000 p.a. increasing annually by reference to the RPI.

Legal costs:

The Tenant is responsible for both parties' legal costs incurred in this transaction.

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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