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Gloucestershire Business News

Hall floor, Clarendon House, 42 Clarence Street, Cheltenham

The property is a Grade II corner, terraced building, three and a half stories high having attractive smooth rendered elevations and porticoed entrance. The building is maintained in excellent condition throughout.

The available offices are accessed off a central hallway and have a mixture of sizes. All offices have been re-painted and re-carpeted. CAT 5 lighting and data cabling is available, and secured entry. This is a quiet, high quality professional environment.

Private Male and Female WC facilities and a kitchen are provided at hall floor level.

There are 3 allocated car parking spaces within a separate secure car park located off St Georges Place.

EPC: The property has an EPC rating of C-70. Certificate Ref No: 3770-5521-0497-1465-1738.

Location details:

The property is prominently located at the junction of Clarence Street and Crescent Place within the heart of Cheltenham town centre, a few yards from the Promenade and High Street prime shopping areas.

All town centre facilities are within easy walking distance, including a wide range of restaurants and shopping 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: 27.68 sq m (298 sq ft)

Office 2: 16.72 sq m (180 sq ft)

Office 3: 16.35 sq m (579 sq ft)

Kitchen: 1.85 sq m (20 sq ft)

Total: 100.05 sq m (1,007 sq ft)

Rent:

£17,500

Rates:

The current rateable value is £6,500 for the left-hand offices and £2,600 for the right-hand office.

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

Planning:

Offices falling within Class E(g) of Town & Country Use Classes Act Order amended 1st September 2020.

Terms:

New lease available for multiple term of 3 years.

Service charges:

The landlord recovers the cost of maintaining the building and common areas, including the private car park and 33% of the costs of cleaning and maintaining the upper floor common parts.

The current service charge is running at £4,500 p.a. + VAT.

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 & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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