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Gloucestershire Business News

Ground, first and second floors, 19 Regent Street, Cheltenham

The property comprises a prestigious four storey Georgian, mid terraced Grade II Listed Building. The accommodation is divided to provide ground and first floor sales / consulting space with ancillary rooms located at second-floor level.

The ground, first and second floors are approached from a common entrance hall and stairwell.

Internally, the rooms provide a mix of cellular and open plan accommodation with kitchen and WC's located at ground floor and first floor mezzanine levels within the small rear wing. The property benefits from a fire alarm system.

An EPC is being prepared.

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 there are Café Nero, Cavendish House (House of Fraser), Kibou, The Find / workplace network, Loakes Shoes, and Decathlon which form part of the Regent Arcade shopping centre.

Accommodation:

(Approximate Net Internal area)

Ground Floor

Front Room: 21.32 sq m (229 sq ft)

Rear Room: 16.41 sq m (176 sq ft)

Kitchen: 3.22 sq m (34 sq ft)

First Floor

Front Room: 28.41 sq m (305 sq ft)

Rear Room: 17.11 sq m (184 sq ft)

Second Floor

Front Left Room: 6.48 sq m (69 sq ft)

Front Right Room: 20.80 sq m (223 sq ft)

Rear Room: 15.31 sq m (169 sq ft)

Total: 129.06 sq m (1,389 sq ft)

Rent:

£25,000

Rates:

The Rateable Value appearing on the Valuation Office Agency website is as follows:

Rateable Value: Ground, First & Second Floors: £20,000

Rate in £ 2022/2023: 0.52

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

Planning:

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

Terms:

A new lease is available 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 not elected for VAT.

Legal costs:

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

Contact:

Ash Chartered Surveyors 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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