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Gloucestershire Business News

Unit 7, Coln Park, Andoversford Industrial Estate, Andoversford, Cheltenham

Unit 7 is of steel portal frame construction with part brickwork and clad elevations, beneath a pitched plastic-coated steel sheet insulated roof incorporating translucent light panels. The construction provides an internal height of approximately 5.1 metres at the frame haunch.

Attractive ground and first floor office accommodation is provided, with single WC and kitchenette.

Vehicular access is by way of a sectional overhead loading door. Car parking and loading is provided to the front of the property.

Energy Performance Certificate: The EPC Rating is D-92 and the full certificate can be provided on request.

Location:

The property is situated within the popular Coln Park, forming part of Andoversford Industrial Estate approximately 7 miles to the east of Cheltenham.

Coln Park is an attractive modern development and provides a mixture of trade, logistics, industrial and warehouse units.

The site is adjacent to the main A40 trunk road connecting Cheltenham, Oxford and London. The A436 provides access to Junction 11a of the M5 Motorway approximately 8 miles to the west with Gloucester approximately 15 miles west.

Accommodation:

Approximate gross internal areas

Unit 7

Warehouse: 131.30 sq m (1,413 sq ft)

Ground floor office: 62.02 sq m (668 sq ft)

First floor office: 52.16 sq m (562 sq ft)

TOTAL: 245.48 sq m (2,643 sq ft)

Services:

We are advised that electricity, water and drainage are connected to the premises. 

We confirm that we have not tested any of the service installations and any occupier must satisfy themselves independently as to the state and condition of such items.

Business Rates:

The Valuation Office website states that the building has a current rateable value of £16,000.

Interested parties should make their own enquiries to the local billing authority to ascertain the exact rates payable as a change in occupation may trigger an adjustment of the ratings assessment.

Code for Leasing:

For the latest RICS advice on commercial property leasing, please consult the RICS Real Estate Code for Leasing 2020.

Terms:

The property is available on a leasehold basis. Full details available on request.

References/Rental Deposits:

Financial and accountancy references may be sought from any prospective tenant prior to agreement. Prospective tenants may be required to provide a rental deposit.

VAT:

Under the Finance Acts 1989 and 1997, VAT may be levied on the rent. 

We recommend that the prospective tenants establish the VAT implications before entering into any agreement.

AML:

A successful tenant will be required to provide relevant information to satisfy the AML requirements when Heads of Terms are agreed.

Legal costs:

Each party is to be responsible for their own legal costs.

Contact:

Alder King Property Consultants 

Adrian Rowley

07771 874175

arowley@alderking.com 

Giles Nash

07503 017 301

gnash@alderking.com 

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