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Gloucestershire Business News

Hall Floor Office, Calderwood House, 7 Montpellier Parade, Cheltenham

Calderwood House is a fine detached period building set back from Montpellier Parade, currently let in office suites and standing in its own attractive grounds.

The available office room is located on the ground floor with direct access from the common Entrance Hall.

The accommodation has recently been redecorated, is carpeted and has the benefit of Cat II lighting and gas fired central heating. Shared toilets and kitchen facilities are available within the building.

EPC: The property has an EPC Rating of D-90. Certificate Ref No: 0860-0238-3299-1192-0092.

Location:

Calderwood House is situated to the west side of Montpellier Parade, within about 50 yards of the junction with Montpellier Terrace (A40), close to the Eagle Star Tower Building, Montpellier and Imperial Gardens. Montpellier and the town centre shopping facilities are within easy reach of this property.

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: 18.95 sq m (204 sq ft)

Office 2: 22.29 sq m (240 sq ft)

Total Floor Area: 41.24 sq m (444 sq ft)

Rent:

£7,500

Rates:

The current rateable value is £2,750.00 Prospective occupiers are advised to check with the Local Authority to establish any transitional relief that may be applicable.

Planning:

The property has been used for offices which falls within Class E (previously B1) of the Use Classes Order 1987.

Terms:

A new lease is available for a term expiring 31st July 2024, contracted outside the security of tenure provisions of the Landlord & Tenant Act 1954.

Service charges:

£3,850 p.a. increasing each December by reference to the Retail Price Index and covering the provision of cleaning, electricity and heating to the offices and the building, landlord's building insurance costs together with the maintenance, cleaning and lighting of the common areas including the external structure and common garden areas.

VAT:

Under the Finance Acts 1989 and 1987, VAT may be levied on the rent. We recommend that prospective tenants establish the VAT applications before entering into any agreements.

Legal costs:

The ingoing 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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