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2a Ormond Terrace, Regent Street, Cheltenham

The property comprises a 2 storey mid terraced building with rendered stucco and painted elevations under a pitched slate covered roof set back behind a front parapet wall.

The ground floor frontage incorporates 2 attractive sash windows of single glazed timber framed construction which provide good natural lighting throughout the sales area.

The first floor sales area also incorporates the front corner of 1 Ormond Place. Sash windows are present throughout the frontage of the first floor.

The accommodation is approached via stone steps leading up to the main entrance door at ground floor level.

The property is divided into a retail trading area at ground floor level with a central staircase leading to the first floor sales area which includes kitchen and male & female WC facilities with an additional storage room. The interior has painted plaster walls and ceilings with vinyl flooring throughout.

Heating is provided from a gas fired boiler with wall mounted radiators located within the ground and first floor accommodation.

Lighting is provided by a mixture of LED/halogen spotlights throughout. The premises also benefit from a fire alarm and security system within the building. Electric, gas and water services are connected to the premises.

EPC - The property has an EPC Rating of D-83.

Location:

The property is situated within the centre of Cheltenham fronting the west 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 there are a number of retailers including Society Café, Café Nero, Cavendish House (House of Fraser), Kibou, Loakes Shoes and Decathlon which form part of the shopping centre.

Accommodation:

(Approximate Net Internal Floor Area)

Ground Floor Retail Area: 33.08 sq m (356 sq ft)

First Floor Retail Area: 61.15 sq m (658 sq ft)

Kitchen: 9.85 sq m (106 sq ft)

Storage/Ancillary room: 2.25 sq m (24 sq ft)

Total: 106.33 sq m (1,144 sq ft)

Rent:

£18,500

Rates:

The Ratable Value appearing on the Valuation Office Agency website is £21,250.

Planning:

The property falls within the Sui Generis Class of the Use Classes Order 1987.

Terms:

Available by way of a new lease for a term to be agreed.

Service charges:

A service charge will be levied by the landlord to cover the costs associated with the upkeep and maintenance of the external and communal areas of the building.

VAT:

The property is elected for VAT purposes.

Legal costs:

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

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 07917 886176

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