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Gloucestershire Business News

Second floor offices, 101 Promenade, Cheltenham

The property comprises a mid-terrace Regency Listed Building with offices over four floors.

The available offices are located on the second floor and are finished to a good standard throughout including painted plastered ceilings and walls, carpeting and gas fired central heating. Communal kitchen and WC facilities are provided.

EPC: The property has an EPC Rating of G-220 (the EPC has expired and is being renewed).

Location:

The attractive Spa town of Cheltenham, with a population of 105,000 lies in the heart of the Cotswolds. The town enjoys excellent rail and road communications, with the M5 motorway, Junction 11, being somewhat 3.7 miles distance.

The property is situated in Cheltenham's famous Promenade, often referred to as the prettiest shopping street in Europe. No. 101 is opposite Imperial Gardens and close to both the Queens Hotel and No. 131 Hotel in a location favoured by professional concerns.

Accommodation:

(Approximate net internal area)

Office 1: 20.67 sq m 222 (sq ft)

Rent: £500 per month

Office 2: 16.54 sq m 178 (sq ft)

Rent: £350 per month

Total: 37.21 sq m 400 (sq ft)

The rental figures include a contribution towards heating, electric, communal cleaning and upkeep, water and buildings insurance. Occupiers will be responsible for their own telecoms charges, business rates if applicable and VAT.

Rates:

The assessment currently appearing in the Valuation List for the Second Floor is as follows:

Rateable Value: £6,200

Rate in the £ 2021/2022: 0.499

The rates may need to be reassessed should the available suites be let individually.

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

Planning:

As offices.

Terms:

The suites are available on a flexible basis for a term to be agreed.

Service charges:

The rental figures include a contribution towards heating, electric, communal cleaning and upkeep, water and buildings insurance.

Occupiers will be responsible for their own telecoms charges, business rates if applicable and VAT.

VAT:

The property is elected for VAT.

Legal costs:

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

Contact:

Ash & Co 

Simon McKeag: 07737 691453

Harry Pontifex: 01242 255242

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