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Gloucestershire Business News

325 High Street, Cheltenham

The property fronts Cheltenham High Street and comprises an end of terrace commercial building arranged over two floors, with additional basement and lean-to at the rear of the premises.

To the rear, accessed off St Pauls Street South, is an area of garden land. The premises do not have a shop frontage.

ENERGY PERFORMANCE CERTIFICATE (EPC): The premises has an energy efficiency rating of E120.

A copy of the certificate is available on request.

Location details:

Cheltenham is a Regency Spa town having a population of 115,000 (source Office for National Statistics 2010), located approximately 99 miles to the west of London and midway between Bristol and Birmingham adjacent to junction 11 of the M5 motorway with dual carriageway access to London via the A417/419 and M4 motorway.

Railway services are to London Paddington (2 hours 10 mins).

The town hosts several major international festivals for literature, science, music and national hunt racing.

325 High Street is located adjoining St Pauls Street South in the centre of Cheltenham, amongst local amenities and close to The Brewery retail and leisure complex.

Accommodation:

(approximate measurements and areas)

Basement not measured.

Ground floor: 42.76 sq m (460 sq ft)

Ground floor lean-to: 14.37 sq m (155 sq ft)

First floor: 45.72 sq m (492 sq ft)

Garden land: 54.84 sq m (590 sq ft)

Total: 157.69 sq m (1,679 sq ft)

Services:

Mains electricity, water and drainage are connected.

Business Rates:

The premises are assessed at a Rateable Value of £4,500.

Source: Valuation Office Agency website. See notes below.

Method of Sale:

The Vendor is seeking to dispose of the Freehold interest on an unconditional basis, providing vacant possession to the purchaser on completion.

Price Guide:

Proposals are invited in excess of £195,000.

VAT:

The property is not elected for VAT.

Legal Costs:

Each party to be responsible for their own legal costs incurred during this transaction.

Contact:

John Ryde Commercial

Tel: 01242 576276

Email: enquiries@johnryde.co.uk

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