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Gloucestershire Business News

Lower Ground Floor Office Suite, 6 Ormond Terrace, Regent Street, Cheltenham

The lower ground floor offices are approached by an external staircase leading to the front door. The accommodation is split in two providing a reception area / front office with a further large office to the rear. The suite benefits from its own kitchen and WC facilities.

The offices are currently are under refurbishment and will benefit from newly painted walls and ceilings, newly carpeted floors and LED lighting throughout. The accommodation also has gas central heating.

Location:

The property is situated within the centre of Cheltenham fronting the western side of Regent Street which runs parallel north to south with The Promenade. 

Adjusted to the offices lies the Regent Arcade which includes retails such as Decathlon, Timpson, Tivoli Cinema and Boots Opticians.

The property is located 1½ miles east of the railway station and 3 miles east of Junction 11 of the M5 Motorway.

Accommodation:

(Approximate net internal areas)

Total space: 66.83 sq m (718 sq ft)

Rent:

£8,500

Rates:

The assessment currently appearing in the Valuation List is £6,400.

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

Planning:

Offices within Class E of the Use Classes Order 1987.

Terms:

Available by way of a new lease available for multiple term of 3 years.

Service charges:

A fixed service charge of £2,800 p.a. will be levied by the landlord to cover the provision of electricity and heating to the offices and the maintenance and cleaning of the common areas including the external structure. The sum to increase annually by reference to the Retail Price Index.

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

simon@ashproperty.co.uk 

Harry Pontifex

07917 886176

harry@ashproperty.co.uk 

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