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Gloucestershire Business News

First floor offices, 16-17 Montpellier Arcade, Cheltenham

The property comprises a Grade II mid terraced period building of three storey construction, having attractive smooth rendered elevations.

The office is approached from Montpellier Street via a private entrance and staircase to the first-floor landing.

The available offices comprise a part self-contained suite made up of 3 interconnecting rooms along with a shower room and WC. A separate office is approached from the first-floor landing along with an additional WC.

The accommodation has attractive natural wood finished doors, architraves and skirtings together with moulded plaster cornicing and sash windows.

EPC: The property has an EPC rating of E-103. Certificate Ref No: 0310-0531-0979-2194-1006.

Location:

The premises are situated at the first-floor level of Nos. 16/17 Montpellier Arcade within the fashionable shopping area of Montpellier, close to Cheltenham town centre and a wide range of facilities.

There are excellent road communications with the M5 motorway lying on the Western fringes of the town and the main A40 road providing access to the West Country, Oxford and London to the East. There is in addition a main line railway station in the town forming a link to London Paddington with journey time of just under two hours.

Accommodation:

(Approximate Net Internal area)

Office 1: 11.43 sq m (123 sq ft)

Office 2: 57.03 sq m (613 sq ft)

Office 3: 11.95 sq m (128 sq ft)

Office 4: 11.11 sq m (199 sq ft)

Total: 96.29 sq m (1,036 sq ft)

Rent:

£12,000

Rates:

The current rateable value is £9,300 Prospective occupiers are advised to check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

Offices which fall within Class E of the amended Use Classes Order 1987.

Terms:

New lease available for multiple term of 3 years.

Service charges:

The tenant is to contribute towards a fixed service charge in respect of maintenance of the external fabric of the building and common areas. This charge will be set at £2,500 p.a. increasing annually by reference to the RPI.

VAT:

VAT is charged on rents and service charges.

Legal costs:

The Tenant is to be responsible for both parties' legal costs incurred in this transaction.

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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