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Gloucestershire Business News

20 Regent Street, Cheltenham

The property comprises a four storey nineteenth century, mid terraced Grade II Listed Building. Built of rendered masonry construction with a portico entrance under a slate tiled roof behind a parapet wall.

There are single glazed timber framed sash windows and display windows throughout.

The accommodation has a retail area on the ground floor with stairs leading to the first floor where there are 2 further seating areas/offices and a commercial kitchen with range of stainless-steel equipment and extraction. 

The second floor comprises a preparation area/storeroom and office and there is storage in the attic.

In general, the accommodation has painted plastered ceilings and walls, ceiling pendant and LED light fittings, laminate or vinyl floor coverings together with central heating and air conditioning in part.

The lower ground floor is not included in the demise to be let.

Energy Performance Certificate - Rating E-115.

Location:

The property is situated within the centre of Cheltenham fronting the east side of Regent Street which runs parallel north to south with The Promenade and linked to Regent Street via Ormond Place, a short road, partly pedestrianised and a thoroughfare linking the Promenade to the Regent Arcade Shopping Centre. 

Within the immediate area occupiers include, Tivoli Cinema, Kibou, Society Café, Loakes Shoes and Decathlon which form part of the Regent Arcade Shopping Centre.

Accommodation:

(Approximate net internal areas)

Ground Floor: 36.27 sq m (390 sq ft)

First Floor: 73.97 sq m (796 sq ft)

Second Floor: 42.51 sq m (457 sq ft)

Attic: 33.81 sq m (364 sq ft)

Total: 186.56 sq m (2,007 sq ft)

Rent:

£30,000

Rates:

The Rateable Value currently appearing on the Valuation Office Agency website is £20,250.

Prospective occupiers should check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

The property has been used as a cafe (Class E of the Use Classes Order 1987).

Terms:

The property is offered by way of a new lease for a term to be agreed.

VAT:

The property is not elected for VAT.

Legal costs:

Each party to bear their own costs incurred in the transaction.

Contact:

Ash Chartered Surveyors 

Simon McKeag

simon@ashproperty.co.uk 

07737 691453

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