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Gloucestershire Business News

4 Stoke Road, Bishops Cleeve, Cheltenham

The available accommodation comprises an L-shaped retail area plus partitioned kitchen, separate offices/clinic rooms and two WC's.

There is opportunity for a window display in the uPVC glazed shop front facing the central courtyard and adjacent to the entrance to the pharmacy. The existing shop fit is due to be stripped out.

EPC: C (68). Please contact the office for a copy of the full report.

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 property is located within the Stoke Road development and is occupied by Stoke Road Surgery and Badham's Pharmacy. The premises benefits from frontage to the building's main entrance accessible from the large, shared car park. Other facilities within the village include a range of thriving independent retailers, as well as Tesco and Lidl Supermarkets.

Accommodation

The approximate net internal floor areas are as follows:

Retail: 61.19 sq m (659 sq ft)

Office: 15.31 sq m (165 sq ft)

Total: 76.5 sq m (824 sq ft)

Rent

£12,000 per annum exclusive.

Terms

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

Planning

The premises have most recently been used as an optician falling within 'Class E' and as a taxi office, falling within a 'Sui Generis' use.

Rates

Former Opticians Rateable Value: £6,900 Excluding Former Taxi Offices. To be reassessed upon occupation.

The above information was obtained from the Valuation Office website.

Interested parties should make their own enquiries of the billing authority (Tewkesbury Borough Council) to verify the current rates payable.

Code for Leasing Business Premises (2020)

All tenants should be aware of the Code for Leasing Business Premises and are recommended to seek professional advice relating to this, or any, commercial property transaction.

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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